We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
More Quotes from Warren Buffett:
A public-opinion poll is no substitute for thought.Warren Buffett
The only time to buy these is on a day with no "y" in it.
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If something is not worth doing at all, its not worth doing well.
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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
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Our favorite holding period is forever.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Aristotle
No, I did not offer to resign for a second.
Michael Isikoff
I'm very, very bullish about our prospects, and as I tell our board, as I tell our employees, this is the time to invest. There's so much opportunity. Let's just invest in that opportunity, and really get after it.
Steve Ballmer