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"The stock market is a device for transferring money from the impatient to the patient".

Posted on 10/26/22 at 8:47 am
Posted by 308
the backwoods of Mississippi
Member since Sep 2020
3109 posts
Posted on 10/26/22 at 8:47 am
What a damn good quote from Warren Buffet!
This post was edited on 10/26/22 at 8:52 am
Posted by Niner
Member since Apr 2019
2033 posts
Posted on 10/26/22 at 8:49 am to
quote:

inpatient
Posted by MrSpock
Member since Sep 2015
5074 posts
Posted on 10/26/22 at 8:51 am to
quote:

"The stock market is a device for transferring money from the inpatient to the patient".


Would you trade places with Buffet today?
Posted by 308
the backwoods of Mississippi
Member since Sep 2020
3109 posts
Posted on 10/26/22 at 9:11 am to
quote:

Would you trade places with Buffet today?


Hell no, the guy is what, 112 years old???

Posted by el Gaucho
He/They
Member since Dec 2010
58530 posts
Posted on 10/26/22 at 10:05 am to
This quote is really antisemitic
Posted by 308
the backwoods of Mississippi
Member since Sep 2020
3109 posts
Posted on 10/26/22 at 10:11 am to
I'll have to call Warren today and ask him what exactly he meant with that quote.

This post was edited on 10/26/22 at 10:37 am
Posted by Diseasefreeforall
Member since Oct 2012
7217 posts
Posted on 10/26/22 at 10:37 am to
Posted by jamiegla1
Member since Aug 2016
7910 posts
Posted on 10/26/22 at 10:52 am to
Ill remember this as i sit on SLI for the next 20 years
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 10/26/22 at 11:32 am to
quote:

Warren Buffett


Same guy that received his billions of bailout money?

Same guy who is not self made but who has always been involved in insider trading as his father was a congress critter?

Same guy best friends with Gates?

Same guy that brags his secretary pays more tax than he does?

Same guy that says “It’s class warfare all right and it’s MY class that’s winning”


Keep worshiping at this altar and all his lies. Disgusting
Posted by Boomer Rick
Member since Apr 2021
338 posts
Posted on 10/26/22 at 11:45 am to
Great quote but don’t use it as an excuse to hold a shitty stock.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 10/26/22 at 11:53 am to
That's good chit!

Lots of impatience on this board.

Thanks to all of you in advance
Posted by 308
the backwoods of Mississippi
Member since Sep 2020
3109 posts
Posted on 10/26/22 at 12:16 pm to
@Hussss,

Do you always jump to conclusions in such a knee jerk fashion?

I don't give a rat's arse about Buffet.

I just like the quote.

Nothing more complicated than that.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3502 posts
Posted on 10/26/22 at 1:17 pm to
......and from the citizens to their politicians.
Posted by deathvalleytiger10
Member since Sep 2009
9076 posts
Posted on 10/26/22 at 1:46 pm to
quote:

Same guy who is not self made but who has always been involved in insider trading as his father was a congress critter?


Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 10/26/22 at 1:51 pm to
quote:

Keep worshiping at this altar and all his lies. Disgusting


I don’t see that it has anything to do with worshipping anyone or anything. Whatever his personal or political views, his investment philosophy is hard to argue with. In other words, it’s about the $.

And
Posted by nolaks
Member since Dec 2013
1297 posts
Posted on 10/26/22 at 2:31 pm to
Don’t cut your flowers and water your weeds. Don’t sell a stock simply to take a profit, and don’t keep a stock simply because it was once attractive. If the investment no longer meets your investment goals, cut your losses and move on.
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