Quote by J. Paul Getty

I buy when other people are selling.

I buy when other people are selling.

Summary

This quote suggests an investment strategy of buying stocks or assets when others are selling them, often referred to as "contrarian investing." The idea behind this approach is to take advantage of market fear and panic, as prices may be lower than their intrinsic value due to sell-offs. By making purchases during these times, investors hope to capitalize on future market recoveries and potentially acquire assets at a discounted price. This strategy requires confidence in one's own analysis and a contrarian mindset that goes against the crowd sentiment.

Topics

Business

By J. Paul Getty

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