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Re: the big guy post# 17651

Saturday, 08/23/2008 8:53:51 PM

Saturday, August 23, 2008 8:53:51 PM

Post# of 19383
Buying more is how Warren Buffett became the richest buy in the world.

The key though is to know WTF you're doing in the first place and what is a severely undervalued stock in the first place. Then you buy more, average down, etc. with an ear-to-ear smile, knowing that you've been using that same strategy for years on hundreds of stocks and made a fortune.

And to quote Gordon Gecko.... "Greed works. Greed is good."

Raw