Financial Times FT.com

Bear market: Time to buy?

By John Authers

Published: November 9 2008 20:21 | Last updated: November 9 2008 20:21

American Union bankGetty

As world stock markets plunged last month, investors were able to take heart from the latest words of Warren Buffett: he announced he was buying stocks. “A simple rule dictates my buying: be fearful when others are greedy, and be greedy when others are fearful,” proclaimed the man known as the Sage of Omaha. “And most certainly, fear is now widespread, gripping even seasoned investors.”

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