Monday, September 29, 2008

The stock market is a no-called-strike game

"The stock market is a no-called-strike game. You don't have to swing at everything--you can wait for your pitch. The problem when you're a money manager is that your fans keep yelling, 'Swing, you bum!'"

[Warren Buffett in Berkshire Hathaway's 1998 Annual Meeting]

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