Well, the answer according to Warren Buffett (world's most respected investor) the present time is a good time to buy blue chip shares; the shares of some companies are at the lowest point in many years. This viewpoint of buying shares now might be at odds with some investors who opt to buy shares when the financial markets are thriving and prices overvalued. This thinking known as the herd mentality, is where people follow or are influenced by others to buy items, in this case shares. In other words, those with the herd mentality, are shying away from shares while savvy investors are seeing bargain shares. So, for those savvy investors with an eye for bargain share prices, this might be right time to invest in blue chip companies.