By: Alex Crippen - CNBC
It's a good time to remember one of Warren Buffett's classic rules: "Be fearful when others are greedy, and be greedy when others are fearful."
With so much fear in the financial markets right now, it's not a surprise that Buffett is being greedy.
He reminds Fortune's Andy Serwer that "the lower things go, the more I buy. We are in the business of buying." (He, of course, won't say exactly what he's buying.)
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