A Quote by Michael Lewis

Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.

Michael Lewis

Quote Topics

Any Buffett Fond Fool Market Player Saying Unaware Warren Warren Buffet Warren Buffett

Quote Author

Michael Lewis
American - Author
Born: October 15, 1960

It has been said that there is no fool like an old fool, except a young fool. But the young fool has first to grow up to be an old fool to realize what a damn fool he was when he was a young fool.

Harold MacMillan

I don't think Warren Buffett should be the treasurer or whatever. Warren Buffett's nuts! Just because he's a freaking billionaire doesn't mean he has common sense.

Stephen Baldwin

It`s human nature to be optimistic. Any fool can enter a market, it takes talent to exit consistently and profitably.

Jeff Cooper

Warren Buffett is right when he says you should invest as if the market is going to be closed for the next five years. The fundamental principles of value investing, if they make sense to you, can allow you to survive and prosper when everyone else is rudderless. We have a proven map with which to navigate. It sounds kind of crazy, but in times of turmoil in the market. I’ve felt a sort of serenity in knowing that if I’ve checked and rechecked my work, one plus one still equals two regardless of where a stock trades right after I buy it.

Seth Klarman

Over the time that I followed Warren Buffett, one CFO told me, it's very important to pay attention not only to what Warren Buffett says and what he actually does - often there are subtle differences between the two.

Guy Spier

It's bad enough that you have to take market risk. Only a fool takes on the additional risk of doing yet more damage by failing to diversify properly with his or her nest egg. Avoid the problem-buy a well-run index fund and own the whole market.

William J. Bernstein

Never, ladies, marry a fool. Any husband rather than a fool. With some other husband you may be unhappy, but with a fool you will be miserable.

Daniel Defoe

A fool, a fool! I met a fool i' th' forest, A motley fool! a miserable world! As I do live by food, I met a fool Who laid him down and basked him in the sun And railed on Lady Fortune in good terms, In good set terms, and yet a motley fool.

William Shakespeare

Perhaps there is a reason that there is no fool piece on the chessboard. What action, a fool? What strategy, a fool? What use, a fool? Ah, but a fool resides in a deck of cards, a joker, sometimes two. Of no worth, of course. No real purpose. The appearance of a trump, but none of the power: Simply an instrument of chance. Only a dealer may give value to the joker.

Christopher Moore

April Fool is widely considered one of the top yachts ever built by Feadship, the famed Dutch shipyard. Launched in 2006, April Fool has a huge master stateroom, a Jacuzzi on the fourth-level sun deck, a sauna, and sprawling outdoor dining lounge. The yacht first came onto the market in 2011 with a price of $69.5 million.

Kayla Tausche

Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.

Bill Ackman

To value investors the concept of indexing is at best silly and at worst quite hazardous. Warren Buffett has observed that "in any sort of a contest - financial, mental or physical - it's an enormous advantage to have opponents who have been taught that it's useless to even try." I believe that over time value investors will outperform the market and that choosing to match it is both lazy and shortsighted.

Seth Klarman

There is an increasing market for mental hospital stuff. I am a fool if I don't relive it, recreate it.

Sylvia Plath

[The General Staff] maintained three sets of casualty figures, one to fool the public, one to fool the Government and one to fool themselves.

David Lloyd George

You can fool people. You can fool anybody anytime of the day, but you can't fool yourself. At night, when you go home, you've got to be straight up with you.