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January 2, 2008

When to buy stocks

Quote of the day:

"Invest at the point of maximum pessimism."

-- Sir John Templeton, who bought every stock trading below a dollar on the New York Stock Exchange when Hitler invaded Poland.

Posted by Jay Hancock at 3:55 PM | | Comments (0)
Categories: Quotes of the day
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.
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