The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
Warren BuffettThe stock market is a no-called-strike game. You donโt have to swing at everything โ you can wait for your pitch.
Warren BuffettThe best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
Warren BuffettThere is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
Warren BuffettGold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesnโt produce anything.
Warren Buffett