The torrent of earnings releases set to hit this week could only exacerbate volatility moves, analysts say. Volatility has knocked around stocks on Wall Street in record ways. Buckle up for the coming week....
Tagged: warren buffet
This is the time to buy andd hold on to solid blue-chips. Buy shares of good businesses that generate real profits, attractive returns on equity, have low to moderate debt to equity ratios, improving gross profit margins, a shareholder-friendly management, and at least some franchise value.
Warren Buffett’s Berkshire Hathaway, which has avoided major acquisitions in the financial sector in recent months, may have had a $3.5 billion two-day paper profit on six major banking and financial services investments.
Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.
If investing in wonderful companies at fair prices is good enough for Warren Buffett — arguably the finest investor on the planet — it should good enough for the rest of us.