Stocks are Going on Sale, Time to be Greedy While Others are Fearful?

Group 1: Market Insights - The article emphasizes the importance of viewing market downturns as opportunities to buy undervalued stocks, following the philosophies of Benjamin Graham and Warren Buffett [1][2][3] - Historical performance data shows that significant market gains often occur after downturns, with the S&P 500 and Nasdaq rising nearly +100% since the Covid-19 pandemic began in March 2020 [6][7] - Over the last decade, the S&P 500 has gained over +180%, while the Nasdaq has increased by over +230% [7] Group 2: Current Market Opportunities - The recent decline in the Nasdaq represents the largest monthly correction since March 2020, presenting potential long-term buying opportunities for major tech stocks like Amazon and Apple, which have both seen declines of more than 8% [10] - Amazon's stock is currently trading under $200, near its lowest P/E valuation in five years at 31X forward earnings [11] - Medical stocks, such as Gilead Sciences, are highlighted as safe havens during market volatility, with Gilead near its 52-week peak and offering a 2.82$70 per share, and gold prices hitting a record high of $3,160 per ounce [14]