Markets all over the world are in extreme fear. The markets are correcting due to ETF selling, which runs by machines .The good news is after a month China is able to contain the spreading of virus in its country. The same can be possible for rest of the world in couple of months or so with proper planning and required measures. Lot of margin calls getting triggered, which adds fuel to further correction. Markets looks oversold in short term.

These are the times one need to buy in staggered manner. Everybody knows that buying low is recipe to generate long term returns and we exhibit such behavior in our day to day lives. But when stock prices are correcting, willingness to invest dies. It is an emotional dilema. One need to overcome it and should not carried away by notional drop in stock prices.

I’m buying for couple of you since last couple of days in staggered manner. Utilizing the cash levels to deploy it in staggered manner.

Equity is a long term asset. You become a minor shareholder in the respective businesses. The businesses are running as usual. Couple of them affected with temporary disruption due to the virus. Over a period of time they back to normal.

Many of you who have been investing since decades have seen even worst situations in the past. In times like these one needs to be calm. Think rationally and stay the course. Avoid media headlines.

Bad news and fear takes away froth from the stock prices and offers better margin of safety.

Buffet Quote: Buy when there is fear in street.