Quote #68

'The most important quality for an investor is temperament, not intellect... You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.'

More from Warren Buffett

  1. 'If a business does well, the stock eventually follows.'
  2. 'The future is never clear, and you pay a very high price in the stock market for a cheery consensus. Uncertainty is the friend of the buye…
  3. 'In the insurance business, there is no statute of limitation on stupidity.'
  4. 'We will only do with your money what we would do with our own.'
  5. 'A public-opinion poll is no substitute for thought.'
  6. 'Occasionally, a man must rise above principles.'
  7. 'One's objective should be to get it right, get it quick, get it out, and get it over... your problem won't improve with age.'
  8. 'It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.'

All Warren Buffett quotes