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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Prefer
Purchasers
Near
Prospective
Rise
Sellers
Seeing
Stocks
Happy
Sinking
Future
Equity
Much
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Investing
Equities
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Buy into a company because you want to own it, not because you want the stock to go up.
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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
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