"I have an 800 freephone number now..." - Quote by Warren Buffett
I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: "My name is Warren and I'm an aeroholic." And then they talk me down.
More by Warren Buffett
“Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.”
“Look for 3 things in a person. Intelligence, Energy, & Integrity.If they don't have the last one, don't even bother with the first two.”
“If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.”
More on Self Control
“For Reason, ruling alone, is a force confining; and Passion, unattended, is a flame that burns to its own destruction.”
“Laws control the lesser man... Right conduct controls the greater one.”
“To conquer oneself is the best and noblest victory; to be vanquished by one's own nature is the worst and most ignoble defeat.”
More on Investment
“The diligent farmer plants trees, of which he himself will never see the fruit.”
“Take the money in your wallet and invest it in your mind. And in return, your mind will fill up your wallet!”
“It is no contradiction - the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction ofindividualincometaxrates.”