I see all kinds of buying opportunities. The problem is, I already own part of them.
After getting banged in the face yesterday I'm not too inclined to step in there again... yet.
~Barton Biggs, founder, Traxis Partners, Bloomberg TV, August 4, 2011
(The anchorwoman reported prior to asking Barton Biggs about buying opportunities that he was 50% net long going into the August 4th meltdown and he said he wished he had been about 10-20% net long instead.)