Quote

"Investor psychology can cause a security to be priced just about anywhere in the short run, regardless of its fundamentals."

- Howard Marks

Howard Marks' book "The Most Important Thing "  should be on any serious investor's reading list!

"During such scary periods, you should never forget two things:  First, widespread fear is your friend as an investor, because it serves up bargain purchases.  Second, personal fear is your enemy.  It will also be unwarranted.  Investors who avoid high and unnecessary costs and simply sit for an