I’ve only been writing since 2013 so I haven’t been able to go through blogging during a real market correction like in 2008. Some of the best businesses in the world are starting to look very attractive at fair-to-below-fair value. Coca Cola, Johnson & Johnson, Berkshire Hathaway, Exxon, Chevron, etc. – high quality large cap companies that should make the foundation and backbone of any investors’ portfolio. These are some of the greatest companies in the world, minting money year after year after year. This is the time to go pick up some ownership in these incredible businesses. They are sitting there at fair value, or less than fair value. Could prices drop even further? Sure they could: you should expect +30% declines in quoted market price of your holdings in the markets. But remember, price ≠ value. And in this world, getting fair value for ownership in some of the best businesses in the world is not some great tragedy in life.