Wisdom From Warren Buffet
Tue, 08/23/2016 - 4:57pm Douglas1
One Of The World’s Most Heralded Investors Simply Keeps Calm And Carries On
If you ask someone who the “world’s greatest investor” is, the answer more often than not may be “Warren Buffett.” That honor has never formally been awarded to him, and many other names might be in the running for that hypothetical title, but one thing is certain: the “Oracle of Omaha” is greatly admired in investing circles.
Warren Buffett is often a voice of reason in volatile times. Through the years, the Berkshire Hathaway CEO has dispensed many nuggets of investing wisdom.
Like Ben Franklin’s aphorisms in Poor Richard’s Almanac, they are grounded in common sense and memorable.
Here are some particularly good ones, culled from recent articles posted at Bloomberg, TheStreet, and Zacks Investment Research:
“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”1
“Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard. If you can enjoy Saturdays and Sundays without looking at stock prices, give it a try on weekdays.”2
To see the complete column, register and log in to see the complete Wednesday, August 24, 2016 edition of The Douglas Enterprise.
Wednesday, August 24, 2016