Wednesday, July 23, 2008

EXtreme Market

With most investors cowering in the face of a volatile market, now is a good time for investors to jump into deeply discounted stocks across all sectors. People have had their pants scared off of them. Therefore they are running around basically naked. And when people are running around basically naked, they're not very rational, so you don't have to be very rational in the purchase process either, you can be broad spectrum and do it like a shotgun. The fact of the matter is we've had a correction," Fisher said. "People are scared to death and that's impacted pricing. That's a beautiful thing.
-Ken Fisher, CEO of Fisher Investments June 12, 2008

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