Bear Bottoming in progress
Just like Buffett, i don’t believe in forecasting. But I am willing to boldly forecast that the bear market is bottoming. how long this will go on, i don’t know,but i suspect not more than 6 months. The reaseon:simple, shares are damn cheap, many are traded less than NAV, some even less than net-net, solid shares like Berkshire are getting plummeted, people are losing hope of a quick recovery, bad news fail to make market drop further. Now as Buffet says,if you wait for the robins,spring will be over. Now is the time to put all your investment portfolio in stocks, as robins will be chirpping soon.
Entry filed under: Investing.