Warren Buffett's Famous Saying Bears Repeating Now

If everyone around you is in a panic, it's not easy to stay calm. But before you make any moves with your stock portfolio, remember what the Oracle of Omaha had to say.

(Image credit: 2014 Getty Images)

If you’re an investor, you’ve probably heard or read this quote from Warren Buffett countless times: “Be fearful when others are greedy, and be greedy only when others are fearful.” Like many other pieces of great advice, this is much easier to say than it is to actually do — because when it comes to participating in financial markets, acting on this means you buy when prices drop and you can sell when prices rise.

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Eric Roberge, Certified Financial Planner (CFP) and Investment Adviser
Founder, Beyond Your Hammock

Eric Roberge, CFP®, is the founder of Beyond Your Hammock, a financial planning firm working in Boston, Massachusetts and virtually across the country. BYH specializes in helping professionals in their 30s and 40s use their money as a tool to enjoy life today while planning responsibly for tomorrow. Eric has been named one of Investopedia's Top 100 most influential financial advisers since 2017 and is a member of Investment News' 40 Under 40 class of 2016 and Think Advisor's Luminaries class of 2021.