“Fearful when others are greedy and greedy when others are fearful.”

altmoneyfund

 

Warren Buffett once said that as an investor it is wise to be “Fearful when others are greedy and greedy when others are fearful.” ... When others are fearful, it may present a good value buying opportunity. Keep in mind, the price is what you pay, and value is what you get—pay too high a price and returns are decimated.

Venezuela’s Currency Rout Hits a New Milestone at 200,000 per Dollar

Venezuela’s currency crossed a new barrier this week as hyperinflation exploded and Nicolas Maduro’s government readied a cryptocurrency issuance next month.

Free-Fall

Venezuela's bolivar slides past 200,000 per U.S. dollar on black market