i went through a couple of sites today and searching for my IDOL of the day...finally, i found the Legendary investment Guru: Warren Buffet. While searching for his biography, (to get to know him, actually...) to share with you, I think why don't I just share his famous quote with all of you!
So, here are some of his famous quote compiled from several sites...
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"I will tell you how to become rich. Close the doors. Be fearful when others
are greedy. Be greedy when others are fearful."
Warren Buffett lecturing to a group of students at Columbia U
“A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity."
"If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game."
1997 Berkshire Hathaway Annual Meeting
"Time is the enemy of the poor business and the friend of the great business. If you have a business that's earning 20%-25% on equity, time is your friend. But time is your enemy if your money is in a low return business"
1998 Berkshire Annual Meeting
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This another set of quotes for my collection. Just love 'em!!!
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