Rational Moves in an Irrational Market Cont. from Part One: —Two. If you’re a Buyer, take advantage of a soft market to upgrade. That’s what stock market investors do during a bear market. Specifically, they buy blue chip stocks that are temporarily “on sale.” Similarly, today’s real estate downturn has lowered the entry point for...Read More
Rational Moves in an Irrational MarketWarren Buffett, Chairman of Berkshire Hathaway (the ultimate parent company of Edina Realty), writes a renowned annual shareholders’ letter read by tens of thousands. Buffett’s letters contain nuggets of wisdom, pithy quotes (his line about credit derivatives being “weapons of mass destruction” was from 2003), and his general take on...Read More
