A Quote by Warren Buffett

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

Warren Buffett

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Efficient Impatient Market Mechanism Patient Stock Stock Market Wealth Wonderfully

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Warren Buffett
American - Businessman
Born: August 30, 1930

It can be argued that the U.S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.

Peter Schiff

The Internet will continue to be valuable so long as it is the most efficient mechanism for transferring data. Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.

Fred Ehrsam

Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.

Fred Ehrsam

The woman gestured to a seat and put on a patient face. An impatient sort of patient face, like an impatient face dressing up as a patient one for Halloween.

Shannon Hale

The market is a mechanism for sorting the efficient from the inefficient, it is not a substitute for responsibility.

Charles Handy

Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.

Ron Chernow

The Stock Market is designed to transfer money from the Active to the Patient.

Warren Buffett

The stock market is an exploitable market where being right means you get rich and you help the overall system error-correct which makes it harder to be right (the mechanism pushes prices close to random, they're not quite random but few can exploit the non-randomness).

Dominic Cummings

The financial wealth that has been created is unprecedented. Even if the stock market, for argument's sake, leveled off here, there's been so much wealth built up that we really can feel spending for some time.

Adam LaVorgna

I think there are a lot of people out there that are speculating in the stock market. They have all kinds of tech stocks or social media stocks. If you want to gamble in the stock market, I would much rather gamble on a mining stock than a social media stock.

Peter Schiff

Robinhood exists so that everyone can share in the stock market's wealth creation.

Baiju Bhatt

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.

Michael Hudson

When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president.

Peter Schiff

The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.

James Daly

I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost identical to where it was in October 2007 and then there was a $7 trillion crash and before that in March 2000.

David Stockman

To be honest, I've never invested in the stock market. My grandmother used to warn us against the stock exchange. My grandfather had lost a lot money in the share market. We are a working class family.

Pratik Gandhi

A Quote by Warren Buffett

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