This quote by J. Paul Getty is a reminder to capitalists to think differently than the group. It suggests that when other people are offering, it might be a great time to acquire. This is because when the market is down, rates are lower and also investors can acquire stocks at a discount. This approach is known as contrarian investing, which includes buying when the market is down and also offering when the marketplace is up. This method can be risky, as it violates the dominating market belief, yet it can additionally be rewarding if done correctly. By acquiring when other people are marketing, capitalists can take advantage of the reduced rates as well as potentially make a profit when the marketplace recuperates.
This quote is written / told by J. Paul Getty between December 15, 1892 and June 6, 1976. He was a famous Businessman from USA, the quote is categorized under the topic Business. The author also have 17 other quotes.
