The American economy is going to do fine. But it won't do fine every year and every week … - Warren Buffett

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I had decided against religion a couple of years back. If it were true, it made fools out of people, or it drew fools. And if it weren't true, the fools were all the more foolish. What I need is a good doctor, I thought. You either lived or died.

Warren Buffett

The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway. . . It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.

Believe, Investor, Market, Mean, Week, Years

Same Author Quotes

If you don't find a way to make money while you sleep, you will work until you die.

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The best investment you can make, is an investment in yourself. . . The more you learn, the more you'll earn.

Best Investment, Earn, Investment, Learn, Make

Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.

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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.

Competitor, Differences, Good, Losing, Power, Prayer

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

Decision, Discipline, Emotional, Invest, Unusual