When the price of a stock can be influenced by a "herd" on … - Warren Buffett

" "
When the price of a stock can be influenced by a "herd" on Wall Street with prices set at the margin by the most emotional person, or the greediest person, or the most depressed person, it is hard to argue that the market always prices rationally. In fact, market prices are often nonsensical.

Warren Buffett

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About Warren Buffett

Warren Edward Buffett (born 30 August 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $113 billion as of June 2022, making him the world's fifth-wealthiest person.

Biography information from Wikiquote

Also Known As

Also Known As: The Oracle of Omaha

Alternative Names: Warren Edward Buffett

All quotes from Warren Buffett Similar Quotes by other Originators

Originators like Warren Buffett:

Peter Lynch Robert Kiyosaki Morgan Housel Charlie Munger Benjamin Graham

Additional quotes by Warren Buffett

What the wise man does in the beginning, the fool does in the end

The most common cause of low prices is pessimism — some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.

I could end the deficit in five minutes. You just pass a law that says that any time there's a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.

When the price of a stock can be influenced by a "herd" on Wall Street with prices set at the margin by the most emotional person, or the greediest p… - Warren Buffett

About Warren Buffett

Also Known As

Go Premium

Additional quotes by Warren Buffett

Advanced Search Filters