Sep
19th
Fri
19th
What a week… The Dow Jones moved a total of 2,000 points this week. Trillions of dollars in shareholder value was wiped out.
The problem with the dow, is the same problem with housing and the same as the dot com boom, etc. When things get better then they should based on organic forces then watch out because markets like nature have a way of correcting them.
As long as you build your businesses, investments, etc. on fundamentals that make sense (like profit) then in the long run (Buffet) you will always make out.
