Quote:
Originally Posted by Lee Stewart
I wouldn't call Italy putting 16 million people under lockdown and Saudi Arabia dropping the price of a barrel of oil down to ~ $30 fake news.
The Dow is now down almost 2100 points.
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My point is fake news drives panic and fear. The pace and frequency of “news” is like never before and that rhetoric creates a fake reality. It builds and builds this virus does not have people dropping like flies. Most deaths are folks that had underlying health issues. How many kids have died? Zero.
I like what Buffett said
“ We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”