Summary
This quote, commonly attributed to early 20th-century investor Baron Rothschild, suggests that the most opportune time to make money is during times of crisis or extreme market downturns. When the "blood is running in the streets," meaning there is widespread panic and fear, prices tend to be at their lowest. The quote highlights the idea that successful investors capitalize on these moments by buying assets when they are undervalued, and ultimately, profit when the market recovers. It emphasizes the importance of a contrarian mindset and the ability to recognize opportunities amidst chaos.
Topics
Finance
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