An irresistible footnote: in 1971, pension fund managers in… - Warren Buffett

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An irresistible footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities — at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

Warren Buffett

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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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Peter Lynch Robert Kiyosaki Morgan Housel Charlie Munger Benjamin Graham

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It takes twenty years to build a reputation and five minutes to ruin it.

It is better to be approximately right than precisely wrong.

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble. "25 Best Warren Buffett Quotes" The Motley Fool (28 September 2014)

An irresistible footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities — at full prices they couldn't buy… - Warren Buffett

About Warren Buffett

Also Known As

Additional quotes by Warren Buffett