"We try to price, rather than time, purchases." Warren Buffett

"... it is folly to forego buying shares in an outstanding business whose long-term future is predictable, because of short-term worries about an economy or a stock market that we know to be unpredictable.

Why scrap an informed decision because of an uninformed guess? ...

We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist."

From 1994 Berkshire Hathaway Shareholder Letter