This actually fits Buffet's investment model. He tends to purchase only when a company is down or undervalued and then plays the long angle. He's not a trend in

This actually fits Buffet's investment model. He tends to purchase only when a company is down or undervalued and then plays the long angle. He's not a trend investor, he invests based on assets and P/E, etc. AKA "Traditional" value investing methods pioneered by his mentor Benjamin Graham.