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Got Guts?

Written by Tracey

August 16, 2007 09:06 AM

I recently wrote about the best investors having guts.

Today on CNBC, some of the talking heads were saying they were cashing in their 401ks and IRAs to “wait it out”. Same talk on the investor chatboards on Yahoo and others. Everyone is panicking. Talking about cashing in positions.

No guts.

They’ll have no glory.

Conversely, CNBC also had an interview with Warren Buffett where it was obvious he clearly could care less about the market gyrations. He tunes out the market noise. It’s not that he’s not paying attention- he is. But he is looking for deals.

Are you?

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