"Others fear that I am greedy, while others are greedy and I fear" comes from Warren Buffett.

it means: when everyone is greedy, it means that the market is not far from the end, so I should have a sense of fear and quit as soon as possible to keep the victory; Because of the long-term continuous downturn in the market, when everyone is afraid to enter rashly, I should bravely enter, so as to obtain good profits.

Extended information:

Investment principle of Buffett system:

Stock picking principle: looking for superstar enterprises. This principle is easy to understand, as the saying goes: catch the thief first.

valuation principle: long-term cash flow is discounted. Is to calculate the intrinsic value of the enterprise first.

market principle: the market is a servant, not a guide. In fact, it is also what we often say, to be the master of the market, we must know what we know. Buffett specifically emphasized: be afraid when others are greedy, and be greedy when others are afraid. It takes a long time to practice.

purchase price principle: margin of safety is the cornerstone of success. Margin of safety is a technical term. He thinks that "margin of safety" is the core of value investment, which actually requires us to invest when the price is lower than the value to a certain extent. This is closely related to the valuation principle, but judging the intrinsic value of an enterprise requires professional knowledge and skills.

References: 8 stocks such as China New Network-Buffett Clearance Nestle are afraid when others are greedy?