reply to post by ExPostFacto
When the markets tanked like they did, the average investor takes his money out or his mutual fund and 401K managers take the money out and move it to
something more stable.
Warren Buffet and other good investors instead buy even more stock because when the downturn is over the stock of good solid companies will return to
their previous price if not higher.
I am by no means a rich fat cat. I am unemployed at the moment, lost my job shortly after the beginning of the down turn but I had invested in some
stocks Buffet was in right before I lost my job including CCE and KO Coca Cola, they are both way up. IR Ingersol Rand is also way up. Some of the
stocks like GE aren't doing great but overall I am up almost 40%.
I basically did what Buffett did.

