be fearful or be greedy?

Warren Buffet is credited with quote of “when others are being greedy be fearful, when others are fearful..be greedy” In other words, find out what everyone else is doing and do the opposite! Most people are broke and will always be broke so why do you want to have the same thought process that they have? You want to think like rich people. You want to make decisions quickly and make them often. Show me someone who can’t make a decision and I will show you someone who can’t grow wealth. Successful people make more decisions than poor people. They make decisions and plenty of times the decisions are wrong so they will change later and try something different but they make the initial decision quickly. Get in the habbit of just deciding quickly and moving forward hard and fast.

One response to “be fearful or be greedy?

  1. Reblogged this on East Valley Property Management, LLC and commented:
    Investing in real estate requires you to change your thinking process

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