Buffett and the Limits to 'Awaiting Better Times' [View article]
3 months bouncing along a bottom with an additional 15% downside, then a violent 30% pop, then 6-7 years more of secular bear market then a 15-20 year bull market. I raised cash last December, I am averaging in now, will sell after the big rally and then stay in short term instruments waiting for the next real bull market down the road.
Buffett and the Limits to 'Awaiting Better Times' [View article]