Warren Buffett
Warren BuffettClass warfare is real, but it's the rich class that's making war . . . and they're winning.
The Contrarian is just as foolish as the follow-the-crowd type. What's required is thinking rather than polling.
Investing is best done long-term — you should invest like a Catholic marries: for life.
Investing is about acting opposite to how Wall Street acts. Wall Street is a place that makes its money on activity. You make your money on inactivity.
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
The Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
