Vancouver Condo Real Estate Video Blog #160 - October 15, 2008
Learn from Warren Buffet in the Vancouver real estate market
Ian Watt video blogs about the advice from Billion Business guru Warren Buffet who say you should greedy when others are fearful and fearful when others are greedy. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to firstname.lastname@example.org and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real estate Video Blogs.
Ian Watt: Hi good morning! It’s Ian Watt in Downtown Vancouver. Just driving along Granville street I'm on my way to work so 7:00 o'clock in the morning. And the other day Mr. Warren Buffet by five billion dollars with a stock in GE and it was an amazing time cause no ones buying anything in the stock market. He's actually going to hell and back I guess hopefully he's coming back. But nonetheless everyone asking what are you doing and he said well my theory is be greedy when others are fearful and be fearful when others are greedy. I thought that was an amazing thing to say. Especially in Vancouver or in any sort of real estate. We've seen six years of people being greedy with real estate. And now very few people are buying. This is the time where people are picking up deals. My name is Ian Watt. You can always email me at email@example.com. Thank you very much and have a great day!