Run, Ride or Buy? What Should Investors Do? Don’t Sell on Mondays!
Posted on August 09, 2011 at 17:00 PM EDT
There’s an old contrarian investing maxim from Baron Rothschild that says “the time to buy is when there’s blood in the streets, even if the blood is your own.” The idea is that the best investors strategize when others panic, allowing them to buy stocks on “sale.” The legend of Warren Buffett was built on [...] Run, Ride or Buy? What Should Investors Do? Don’t Sell on Mondays! originally appeared in the Daily Reckoning . The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. Follow the Daily Reckoning on Facebook .