Coronavirus Impact - Be Greedy when others are Fearful!
Coronavirus or Covid-19 originated in Wuhan couple of months ago. However, it reached viral proportions this week on Wall Street — and literally throughout the world. Cases of the illness have stabilized in China, but its spread outside the country, to nearly 80 countries in total, is what may have truly injected uneasiness into the global stock markets.
How to play the current markets under such uncertain times? What is the right thing to do keeping in mind a long term investment horizon? We believe that the answer lies in the following famous Warren Buffet quote: "Be Fearful When Others Are Greedy, Be Greedy When Others Are Fearful" .