The way to make money is to buy when blood is running in the streets
About this quote
- What does it mean?
- Great opportunities often arise when others are panicked or selling low.
- In plain terms
- Buy when everyone else is scared and selling.
- What can you take from it?
- Seek value when fear drives prices down.
Where it applies
Putting it to work
Questions to consider
- Are you acting on fear or logic?
- When did you last buy low?
Another view
Market timing is difficult and panic can signal real danger.
More from John D. Rockefeller
The American Beauty Rose can be produced in the splendor and fragrance which bring cheer to its beholder only by sacrificing the early buds which grow up aroun…
Permalink to quote #4 I always tried to turn every disaster into an opportunity.
Permalink to quote #6 I would rather hire a man with enthusiasm, than a man who knows everything.
Permalink to quote #3
Related quotes
'In a bull market your game is to buy and hold until you believe that the bull market is near its end.'
Jesse Lauriston LivermoreJesse Lauriston Livermore quote #1 Karabakh, as a landmass, what kind of benefit can it give to us...? All the world's most powerful governments pay millions of dollars for seas and deserts, 100…
Vazgen SargsyanVazgen Sargsyan quote #3 '...new nuclear plants are simply unfinanceable in the private capital market, and the technology will continue to die of an incurable attack of market forces-…
Amory LovinsAmory Lovins quote #3