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“ ”Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.
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
Additional quotes by Warren Buffett
Wide diversification is only required when investors do not understand what they are doing.
Can you imagine any public company embracing a business model that would lead to the decline in revenue that we experienced from 1986 through 1999?
When Charlie and I finish reading the long footnotes detailing the derivatives activities of major banks, the only thing we understand is that we don’t understand how much risk the institution is running.