Warren Buffett wrote op-ed in the New York Times in October 2008

Warren Buffett wrote a famous op-ed piece in the New York Times in October 2008 in which he that said the following:

“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors."

This is the mindset of a great investor and how great investors react when there are opportunities like we’re seeing in this beaten down sector. They buy when others are selling.