The Herd & The Investor

Warren Buffett. He's the second richest American, according to Forbes magazine.

His net worth is pegged at $52 billion, and rising.

... and he got there by investing.

It's a curious thing... this business of real estate investing.

It's easy to find investors when prices are inflating.

It's harder to find them in the decline.

It's only natural. We have a herd mentality... no doubt about it.

Maybe it's time to revisit a quote from Warren Buffett.

This Buffett quote was taken from Forbes magazine... He cautions investors to not follow the herd, saying:

"try to be fearful when others are greedy...

  ...and greedy only when others are fearful."

                                    -Warren Buffett
 

There's a lot of fear in the market.

Prices are low.

Interest rates are low.

Yet people are sitting.

A lot of money will be made in the next few years.

Too many people will look back on this time and say, "if only". 

Oh... and if you have a problem with his greed quote.

Warren Buffet is donating most of his fortune to charity.