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Stocks are the only thing that people are happy to buy when the price goes up.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
People
Stocks
Price
Goes
Happy
Thing

More quotes by Warren Buffett

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Energy deregulation will be the largest transfer of wealth in history.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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Let blockheads read what blockheads wrote.
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
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Does the business have a consistent operating history?
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... not doing what we love in the name of greed is very poor management of our lives.
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I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
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Lethargy, bordering on sloth should remain the cornerstone of an investment style.
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It's never paid to bet against America.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
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The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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Inactivity strikes us as intelligent behavior.
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