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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Uwharrie ✶⎊  😊 😞
Number: of 12539 
Subject: Itching for Market Correction
Date: 03/01/2023 10:13 AM
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I am in Warren Buffett "buy more hamburgers when the price has dropped" mode and am itching for the market to have correction to at least late September 2022 levels. Cash is piling up and things are just too expensive now. It helps that cash is now earning appreciable interest here in 2023, but as a buy and hold investor, happiness is buying a quality company when it is selling for 10X or less pre-tax earnings. Munger says opportunity favors the prepared mind and I have several companies I'd love to buy should they ever cross below the 10X line.

Anybody else here sitting on their hands and waiting for a correction?

Itching and waiting.
Uwharrie
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