When market goes south, many people go with it and get depressed. But investing is about buy low and sell high. After market goes down, it’s at least a better deal than yesterday if you already want to buy. We understand this when shopping for grocery. But when come to investing, most people forget this basic idea.

Treasury Secretary Paulson, Fed Chairman Bernanke and President Bush were doing everything in their power this week for Congress to approve their bailout plan. In times of turmoil, if you want straightforward, informative commentary unencumbered by journalistic conventions, turn to smart bloggers.

As I said before, you should not follow Mr. Market's mood, but explore it. As the market collapsed recently due to credit market crisis, many people got scared and pull market out of the market. They don't even dare to look at the market which they loved and followed everyday just a year ago. But this is the exact time that you should be greedy and look out for opportunities.

Why is Buffett so often misrepresented on his famous "financial weapons of mass destruction" comments?

This links to a 16 page abridged version of Bud Labitan's upcoming book. The pdf discusses Buffett and Munger's method of analyzing investment decisions.

The most interesting part of this year’s Berkshire Hathaway letter to shareholders was Warren Buffett’s discussion of what kinds of businesses turn him on. This article takes a closer look at the elements that make a great business according to Buffett.

Shai Dardasti examines Warren Buffett's discussion regarding See's Candy in the 2007 letter to Berkshire Hathaway shareholders. He suggests that the Greenblatt's Magic Formula could be the way to find another company with See's remarkable high return on incremental capital.

Here is THE book recounting the life and times of one of the most respected men in the world, Warren Buffett. The legendary Omaha investor has never written a memoir, but now he has allowed one writer, Alice Schroeder, unprecedented access to explore directly with him and with those closest to him his work, opinions, struggles, triumphs, follies, and wisdom.

Enjoy =)

It looks like Berkshire Hathaway added Kraft, Trane, Sanofi Aventis, and more.

Crafty Buffett submits an SEC filing on Valentine's Day announcing his love for Kraft.

Warren Buffett speaks at the Business Wire Event

This article discusses several comments by Warren Buffett today from Toronto on the credit crunch, the U.S. dollar, inflation, and the bond insurance business.

It looks like Warren Buffett took advantage of the latest market turmoil to add another 10,300 shares of Burlington Northern Santa Fe Corp at $75.51.

Warren vs. Eddie