1/ WEB and CM have seen the bat signal. I believe they will do something like this again. They won't time the market since they do not believe it is possible, but it will happen. Credibility is important right now. They have seen a 50% drop three times. google.com/amp/s/www.cnbc…
2/ Charlie Munger has said the hardest part about investing is the waiting. Be patient but aggressive when it is the right time. When you see the opportunity, the best investors aggressively swing hard. Optimism and pessimism are both contagious. bloomberg.com/news/articles/…
"[There's] all kinds of ripple effects. And that's the nature of an economy. ...We have seen in the last two weeks, for example, fewer accidents reported," Buffett said noting that they usually get about 20,000 reports per day. finance.yahoo.com/news/warren-bu… 
