A Quote by Warren Buffett
Be fearful when there is greed and be greedy when there is fear.
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But in the financial markets, without proper institutional rules, there's the law of the jungle - because there's greed! There's nothing wrong with greed, per se. It's not that people are more greedy now than they were 20 years ago. But greed has to be tempered, first, by fear of losses. So if you bail people out, there's less fear. And second, b prudential regulation and supervision to avoid certain excesses.
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
A fearful man who knows he is fearful is far more trustable than a fearful man who isn’t aware of his fear.
For me, when I am on the wire, I do not have a problem of eliminating or blocking fear. I do not really feel fear, although it is a fearful activity to walk in thin air, as I do without any safety device, but I am not fearful.
Each of us needs to eliminate our anger, fear and greed. The roots of social conflicts and political tensions are in personal anger, fear and greed.
It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time.
You want to be greedy when others are fearful.
Be fearful when the markets get greedy, be greedy when the markets get fearful.
No one's fearful, everyone's greedy, and it will eventually end.
What is the opposite of abundance? It's not scarcity. It's greed. Greed is the belief that there is not enough for everyone, so you'd better grab yours now. What is the opposite of love? It's not hate. It's fear. Fear is the belief that someone or something can hurt you.
One cannot completely get rid of the six passions: lust, anger, greed, and the like. Therefore one should direct them to God. If you must have desire and greed, then you should desire love of God and be greedy to attain Him.
Right now, the technological world plus God or spirituality is evolving. I think America has become a little bit too corrupt, government's a little too corrupt, too greedy. Many corporations are too greedy. The labor unions are too greedy. That effects charities and religious organizations. I just think it's greed. That's why, in 1985, I had to figure out how to give before I received. The more I focus on giving, for less and less, the more and more I make.
If there is any form of contagion that is adaptive, it is the immediate response to the fear of others. If others are fearful, there may be good reason for you to be fearful too.
Anxiety is an extension of the dynamics of fear. It's the feeling of fear without an awareness of the object of your fear. All you know is that you're fearful, but you can't specify exactly what you are afraid of. You just worry about everything.
I think greed is healthy. You can be greedy and still feel good about yourself.
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