---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000932389.md"
description: "🌟🌟🌟The Singapore banks selloff was the biggest news of the week.  Normally the banks move slightly up or down by 1% to 2% but a huge move like almost 10% for $OCBC Bank(O39.SG)is pretty alarming.  It is easy to panic sell but I am holding strong.When I step back and look at what underpins these local banks, I realise that letting go of these assets during a temporary pullback is not a good idea.  Instead it is a great opportunity to accumulate them since now I can buy in lots of 10 rather than 100 shares.As Warren Buffett famously said:"Be fearful when others are greedy and greedy when others are fearful"."
datetime: "2026-10-10T21:09:26.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000932389.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000932389.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000932389.md)
author: "[koolgal](https://longbridge.com/en/profiles/2074993385495678976.md)"
generator: "portal-rs"
---

# 🌟🌟🌟The Singapore banks selloff was the biggest new…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**