I am a fan of Warren Buffett and note his call for investors to be greedy now and buy US equities now. Well, I certainly hope his call will work. BUT with respect, I believe many investors have been badly burnt by now if they became greedy like Warren Buffett by buying GS and then GE in the last few weeks.
What I want to say is it's easier said than done. Why? Warren Buffett has tons and tons of cash and he can bargain for very favorable terms for investing in GS and GE while no others can get. Unless we are in his position or a little near to his position, it's just difficult for us to be greedy and at the same time protected from the slings and arrows in the volatile market.
To be greedy like him by buying GS and GE stocks may mean losses to most investors now. Yes, such losses may be nothing if you can invest on a time frame of 5, 10 or 20 years! But again such investment and time horizon may still be something that can only be a dream to many investors. Of course, to the richest man Warren Buffett, such horizon is the rule of the day.
I don't mean disagreement with Warren Buffett's investment principles. What I want to point out at pain is that we may not be able to invest in the way he can! He is in a supreme position while we are just poor guys in the street. There is such a huge gap between the two levels!
But I certainly hope his call to be greedy will help the stock market to restore a little sanity. I hate to see the free falling market being manipulated by the devils in Wall Street. Those devils turned our world into a financial ruin and now they are turning our stock markets into a bloodbath by hurting everyone, both the innocent and the damned. If Warren Buffett's call will work, then there is hope for genuine and honest investors to have a life in the markets and build up from the ruins now facing us.
God, if you can help us, help us now.
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