Quote of the day II

We’ve put a lot of money to work during the chaos of the last two years. It’s been an
ideal period for investors: A climate of fear is their best friend. Those who invest only when commentators are
upbeat end up paying a heavy price for meaningless reassurance. In the end, what counts in investing is what you
pay for a business – through the purchase of a small piece of it in the stock market – and what that business earns
in the succeeding decade or two.

               — Warren E. Buffet