Friday, October 17, 2008

Quote of the Day

"Be fearful when others are greedy, and greedy when others are fearful."

~Warren Buffet


At 10/17/2008 2:01 PM, Anonymous Anonymous said...

buy low sell high

nothing earth shattering about this concept.

At 10/17/2008 2:51 PM, Anonymous Anonymous said...

The expression may not be that special, but the execution is.

At 10/17/2008 6:54 PM, Anonymous Anonymous said...

Like this one: "With $40 Billion to invest, you can afford to be wrong once in a while"

At 10/17/2008 8:06 PM, Blogger like such as said...

kind of like this one, lars:

sour grapes

At 10/17/2008 8:26 PM, Anonymous Anonymous said...

or you can be like jumpy Jim Cramer, over flip stocks like a fool, and have all your hair jump ship by your mid 30's.

At 10/18/2008 12:16 AM, Blogger bob wright said...

How about this.

"The bottom of the bear market is where fear and greed come face to face."

-- Connie Wright, my sister-in-law

At 10/18/2008 9:05 AM, Anonymous Anonymous said...

Could be the mantra for the Global Warming Believers

At 10/19/2008 3:20 PM, Anonymous Anonymous said...

Buffet will be wrong, even if he seems to prove correct.

At 10/19/2008 4:20 PM, Anonymous Anonymous said...

What is true for uncle Warren is not true for Joe Sixpack. Warren has the ability to hedge the risk where as Joe is just prey for a bunch of fee collecting snakes. Joe would be better off telling the den of theives on Wall Street and overpaid CEO's to take a hike, pay off his debts the invest in himself.

At 10/21/2008 2:36 AM, Blogger OBloodyHell said...

> "Be fearful when others are greedy, and greedy when others are fearful."

~Warren Buffet

I fear the greed of government bureaucrats for power over my pocketbook.

What about that, Mr. Buffet?


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