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Podcast: BiggerPockets Daily
Episode: Maximizing Profits With Fear and Greed: 10 Important Thoughts Investors Should Know During These Volatile Times by Paul Moore
Description: Understanding and applying these three sentences could make you wealthy:“In bad times, securities can often be bought for prices that understate their merits. And in good times, securities can be sold at prices that overstate their potential. And yet, most people are impelled to buy euphorically when the cycle drives prices up and to sell in panic when it drives prices down.” – Howard Marks (2013 Memo “Ditto”) I’m excited to share some thoughts about fear and greed. But I’ll start by sharing a few comments on the current economy to set the stage. Not long ag...