Genius of Warren Buffett with comments:

blogI’ll give you some examples, followed by comments. Since this article is about learning, let’s start with this:

“What we learn from history is that people don’t learn from history.”¬†When investors get either too fearful or too greedy, they sometimes hide behind the notion that “This time it’s different.” Usually they regret it.

On fear and greed

“Two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. … We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”¬†This is the simple recipe for being a contrarian investor. Continue reading “Genius of Warren Buffett with comments:”