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House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Many
Places
Loan
Kind
Beyond
Entered
Way
Cause
Lied
People
Single
Prices
Ways
Silly
Accesses
Causes
Access
Soared
House
Kinds
Financed
Reason
Biggest
Loans

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Remember that the stock market is manic-depressive.
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
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I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.
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