The most common cause of low prices is pessimism

The most common cause of low prices is pessimism – some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It’s optimism that is the enemy of the rational buyer. – Warren Buffet

Warren Buffett3

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites