Never, never pay attention to what the market is doing. … Stay away from the crowd. “A good time to start in [the investing] business is when markets are terrib

Never, never pay attention to what the market is doing. … Stay away from the crowd. “A good time to start in [the investing] business is when markets are terrible…." A classic value investor looks at a price drop of a stock they like as a chance to buy more, whereas the ordinary investor may panic and sell.