With a net worth of $84 billion, Warren Buffett is one of the greatest investors of our time. Just as how we like to evaluate the management of a company through its words and actions, Buffett’s quotes also reveal a great deal about his character, beliefs, and investment philosophy. And I believe we, as investors, can draw huge inspiration from the wisdom and experienced offered by his timeless quotes.
So here are, in my opinion, eight timeless quotes from Warren Buffett that everyone can learn something important from:
1. ‘Be fearful when others are greedy, and be greedy when others are fearful.’
Greed and fear – the two emotions that are the bane of every investor. Remember Sunshine Empire, Gold Guarantee and Genneva Gold? These Ponzi schemes have conned thousands of people out millions of dollars and you wonder why do people continue to fall for such schemes?