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Business quote of the week: Warren Buffet on becoming rich

by Jean on December 14th, 2007

I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful - Warren Buffet, investor and billionaire

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POSTED IN: Business Quotes, Finance, Sharpening The Saw

2 opinions for Business quote of the week: Warren Buffet on becoming rich

  • Dr.P.Madhu Sudana Rao
    Dec 31, 2007 at 7:46 am

    Many move with mass,which is not correct.The essence of the above statement is that when prices move up to highest,no seller is found .Coreect decision is to sell all what you have even if laughed at.
    Similarly when prices fall to lowest no buyer is found.Correct decion is to buy to the maximum extent even if laughed.
    Actually these decions are correct.

  • Warren Buffett Quote: As Usual He Is Right
    Oct 2, 2008 at 9:50 pm

    […] does his second bailout in as many weeks (this time of General Electric), I’m reminded of a Buffett quote I brought you last […]

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