Subject: Re: Bernard Baruch Quotes Applied to Today
Now is the time to be building the watch list, figuring out good entry prices and in general being prepared. It's much easier to deal with a situation by saying "execute plan Acorn 5, repeat execute Acorn 5" rather than having to figure it out on the fly.
Currently I'm looking for companies with good return on equity and good sales growth that seem too expensive right now, but that might hit a very attractive price if we have a big downturn.