In just six trading days, global stock markets lost US$6 trillion in capitalisation.
BILLIONAIRE Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.”
Last week, the S&P 500 fell 11.49%, Nasdaq Composite lost 10.54%, Dow Jones Industrial Average fell 12.36%, UX 100 Index tumbled 11.12%, DAX skidded 12.44%, almost replicating Euro Stoxx 50 Index's decline (-12.39%).
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