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Warren Buffett has a good quote saying something like "when people are scared you should be brave and when people are brave you should be scared" and then elabo
by lotusleaf1987 16y ago
Warren Buffett has a good quote saying something like "when people are scared you should be brave and when people are brave you should be scared" and then elaborated by saying something like "It's never as bad, or as good, as people think, it's usually somewhere in the middle." Basically, Buffett says don't believe the hype.
- thisisnotmyname 16y agoThe quote is: "Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful." http://en.wikiquote.org/wiki/Warren_Buffett http://en.wikiquote.org/wiki/Warren_Buffett
- lotusleaf1987 16y agoYes that's the quote I was thinking of, I think he also said it during a talk with Bill Gates on CNBC during 'Keeping America Great' special: http://classic.cnbc.com/id/33604479 http://classic.cnbc.com/id/33604479