As retail investors we tend to forget the golden rules of successful investing.  One of these great rules is "Be greedy when others are fearful and be fearful when others are greedy."  The strategic translation for Portfolio Managers and investors is to never forget the simple disciplines that make investors successful.  We need to put  aside the anxiety and emotional responses that come about when markets are volatile and focus on our longer term goals to take advantage of the situation.  It is interesting to watch consumers flock to major sales in the market place but when stocks or bonds go on sale we can't run fast enough in the opposite direction.  Something to think about as you read through this article about one of the most successful investors in history. 

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