A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
Warren BuffettTake the job you would take if you were independently wealthy. You're going to do well at it.
Warren BuffettI think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.
Warren BuffettA great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
Warren BuffettI mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
Warren Buffett