When VIX is high, it’s time to buy. When VIX is low, it’s time to go.
Steven M. Sears in Barron’s, Jan 2019
I so agree with this. If you are buying businesses, then buying at the time of when the stock goes down makes sense. There is nothing more satisfying to an investor than to see the business they like and admire on a sale. You need to do your homework, you need to have your thesis formed and ready. And when Mr Market behaves irrationally, you make your move.