Quote of the day: Warren Buffett

Warren Buffett is a confident investor who believes in the companies he buys. As a result he said the following at his recent Annual General Meeting:

“If a stock [I own] goes down 50%, I’d look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month.”
Warren Buffett: Stop Worrying, and Learn to Love the Bear, WSJ, 12 Jul 2008

Now, that’s confidence.

1 Comment
  1. Mark Wadsworth says

    He is a cunning cove. He is talking down the market so that he can snap up companies cheaply. Good for him, frankly.

    Word verification: iqinc (=IQ Inc.)

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