Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
Warren Buffett
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It is not power that corrupts but fear. Fear of losing power corrupts those who wield it and fear of the scourge of power corrupts those who are subject to it. -
I try to get in quiet time and book time, but really, the only time I ever get that is when I'm on an airplane - I have a fear of flying, but I actually love flying because it's the only time I can sleep, and it's the only time I get to read. -
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I've always felt that if you back down from a fear, the ghost of that fear never goes away. It diminishes people.
More quotes by Warren Buffett
- Our favorite holding period is forever.
- In the business world, the rearview mirror is always clearer than the windshield.
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- When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.