Buy When People Fear, Sell When People Are Greedy

It was about a month or two ago I was watching an episode of Million Dollar Listing. If you have not seen the show, it's about three young real estate agents / brokers that sell multi million dollar homes in and around LA, California.

Anyways, while watching one episode, one of the wealthy guys looking to purchase a few homes said something that is true. "Buy when people fear, sell when people are greedy."

Now, I am not sure but I think he was actually quoting Warren Buffet on this. It makes sense... in the housing markets especially.

This principal I think can also be applied to affiliate marketing. There are certain traffic sources that affiliates are leaving in masses (Google for example) primarily due to fear of banning, learning curves, etc.

At the same time there are certain areas that affiliates are getting greedy (Shady rebills for example). Recently a bunch of these offers went down and rebill offers are getting increasingly harder to make work. Certain affiliate who knew nothing but how to promote a rebill soon had nothing left but to try and figure something else out.

It's in times like this that I like to look at those "feared" places and figure out how to make them work. Right now while people focus on PPV, media buying, and social traffic, I plan to look further into the area that people seem to be leaving.

Anyways... just a thought.