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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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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
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You can be sure that over the next 10 years, you'll see something that you did not think was possible.
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The only time to buy these is on a day with no 'y' in it.
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
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The Stock Market is designed to transfer money from the Active to the Patient.
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The single most important decision in evaluating a business is pricing power.
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... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
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I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
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You do not adequately protect yourself by being half awake when other are sleeping.
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Emotional makeup is more important than technical skill
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The future is never clear you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
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It is madness to risk losing what you need in pursuing what you simply desire.
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There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
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Well, it may be all right in practice, but it will never work in theory
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Always invest for the long term.
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Never depend on single income. Make investment to create a second source.
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