Posted by: The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

5 responses to “Friday Flashback: “Quite frankly, it’s time to buy.””

  1. softwarengineer

    Investing is FAR More Hindsight than Foresight

    And by then its way too late….ask Buffet about all the billions he lost in stocks.

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  2. Tom

    RE: softwarengineer @ 1 – I’m not sure what you mean. Good investing is almost 100% foresight. You don’t skate to where the puck was…you skate to where you best project it’s going.

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  3. softwarengineer

    RE: Tom @ 2

    I Know Tom, You’ve ALWAYS Made All the Right Investment Decisions Because of Your Flawless Thinking

    Its just guys like Buffet and SWE that admit we invest more in “gut feel” than science….and even with high finance advisors [some very well paid, like Buffet's] shake snake eyes at the crap tables occassionally.

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  4. HappyRenter

    RE: softwarengineer @ 3
    Warren Buffet wouldn’t be rich if he had done only bad investments. Most of his investments probably worked out. It’s lay people like us who are often mislead by “gut feel”. I think the key is to be as conservative as possible instead of playing roulette with your savings. There are ways to do that without seeing your cash eaten away by inflation. The problems occur when we get greedy.

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  5. Feedback

    Congrats Tim! You’ve beaten both Mark Johnson and the Seattle P-I into submission. I’m proud of you.

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