FORTUNE — “There is no comparison between fear and greed,” Warren Buffett is telling me over the phone from Omaha. “Fear is instant, pervasive and intense. Greed is slower. Fear hits,” he exclaims.

I am NOT recommending a wholesale purchase of equities, but rather use this quote from the article below as a reminder how the professional investors think.  You have to keep your emotions in check to the best of your ability.