Be greedy when others are fearful, and fearful when others are greedy - Warren Buffett

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Be greedy when others are fearful, and fearful when others are greedy

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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.

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Also Known As

Also Known As: The Oracle of Omaha
Alternative Names: Warren Edward Buffett
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Additional quotes by Warren Buffett

Nevertheless, we will stick with the approach that got us here and try not to relax our standards. Ted Williams, in The Story of My Life, explains why: “My argument is, to be a good hitter, you’ve got to get a good ball to hit. It’s the first rule in the book. If I have to bite at stuff that is out of my happy zone, I’m not a .344 hitter. I might only be a .250 hitter.” Charlie and I agree and will try to wait for opportunities that are well within our own “happy zone.

I learned to go into business only with people whom I like, trust, and admire.

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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.

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