In this video I am trying to illustrate 2 points. I have found that there are two kinds of investors in the 20 plus years I have been in this business. I call them the hawks and canaries. The hawks you never heard from, they never make the headlines or are never on CNBC, you basically never hear about them but they tend to swoop in at the most unexpected times or awkward times. It can be hard to understand, Warren Buffet is someone who comes to mind when I think about Hawks.
And then you have the Canaries, so they are always on TV and always in the headline. They are always chirping and they tend to chirp when there is nothing to worry about. They are trying to create something out of nothing. Remember canaries are used to as an alarm for danger. These canaries stop chirping when things are tough. Canary investors tend to buy high and sell low where the hawks investors do the opposite. It’s really hard to be a hawk because you a lot of times you do nothing, you’re just watching. Then you swoop in and take advantage of the situation.
Be A Hawk!