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Podcast: Wealth Formula Podcast
Episode: 210: Be Greedy When Others Are Fearful: Oil and Gas
Description: “Be fearful when others are greedy and greedy when others are fearful,” said a wise sage from Omaha. We’ve heard these words from Warren Buffett for years. On the surface, the advice seems pretty obvious in the investing sense right? After all, when a sector gets obliterated it will either disappear entirely or it will eventually rebound. Most of the time it’s pretty obvious when something is not going to disappear—at least in the near future. Take oil and gas. Yeah it may eventually get replaced with alternatives. But do you think that is going to happen in the nex...