Image source: Britvic (copyright Evan Doherty)
As Warren Buffett says, when others are fearful it is the time for an investor to be greedy. Fear has been stalking the markets in the past few days and many leading FTSE 100 shares have been on the sharp end of a wave of selling.
One well-known FTSE 100 share has seen its price collapse 39% over the past year alone.
It is a share I have held for a while already. But last week I took the opportunity of a tumbling price to buy some more – and this week, as the price headed even lower, I did the same again.
Keeping a rational head in turbulent markets
That sort of behaviour can be wealth-building, but it can also be risky. While stock market turbulence pushing down a share price can lead to a bargain-hunting opportunity, it might also be reflecting some simple economic realities. Maybe the driver for a stock market correction has also reduced the long-term…
