Such an economic crisis as the world saw in October 2008, inevitably brings financial crises to every walk of life. Not only is it a financial crisis, but it is also a currency crisis, (exchange rate crisis) a business crisis and, potentially, a family crisis. The Asian crisis being more painful than expected, has brought…
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“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” said Buffett. “And most certainly, fear is now widespread, gripping even seasoned investors.” This is the basic rule that Warrent Buffett explained on a video interview and that an article from CNN explains a little bit…
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