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Either they're trying to con you or they're trying to con themselves.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Either
Trying

More quotes by Warren Buffett

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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
Warren Buffett
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For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
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You should invest like a Catholic marries: for life.
Warren Buffett
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
Warren Buffett
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Warren Buffett
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I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to develop that talent, and set up the laws and the finanical system to let me do what I love doing-and make a lot of money doing it. The least I can do is help pay for all that.
Warren Buffett
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It is easier to rationalize than it is to be rational.
Warren Buffett
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Money will always flow toward opportunity, and there is an abundance of that in America.
Warren Buffett
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Do not save what is left after spending, but spend what is left after saving.
Warren Buffett
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Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
Warren Buffett
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
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Wall Street makes its money on activity. You make your money on inactivity.
Warren Buffett
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Risk comes from not knowing what you're doing.
Warren Buffett
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The value of a business is the cash it's going to produce in the future.
Warren Buffett
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Enjoy your work and work for whom you admire.
Warren Buffett
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
Warren Buffett
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Turnarounds seldom turn.
Warren Buffett
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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
Warren Buffett
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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren Buffett
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I think confidence will come back.
Warren Buffett