6:55 PM |
Author: Siva
Two Quotes that came to my mind early in the morning.
"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions .." - Alan Greenspan. (wiki)
"Neither we nor most business managers would dream of feverishly trading highly profitable subsidiaries because a small move in the Federal Reserve's discount rate was predicted or because some Wall Street pundit has reversed his view on the market. Why, then, should we behave differently with our minority positions in wonderful businesses?" - Warren Buffett.
"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions .." - Alan Greenspan. (wiki)
"Neither we nor most business managers would dream of feverishly trading highly profitable subsidiaries because a small move in the Federal Reserve's discount rate was predicted or because some Wall Street pundit has reversed his view on the market. Why, then, should we behave differently with our minority positions in wonderful businesses?" - Warren Buffett.
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Stocks
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