
“be greedy when others are fearful, and fearful when others are greedy.”
Interview with Charlie Rose, on PBS (1 October 2008), also reported in "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime - Charlie Rose Interview" at CNBC (1 October 2008) http://www.cnbc.com/id/26982338
Context: You want to be greedy when others are fearful. You want to be fearful when others are greedy. It's that simple. … They're pretty fearful. In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
“be greedy when others are fearful, and fearful when others are greedy.”
2004 Chairman's Letter http://www.berkshirehathaway.com/letters/2004.html
Letters to Shareholders (1957 - 2012)
“People fear/hate other nations only when they don't know them.”
Treo Notes (December 2006 - December 2009)
“Henceforth let no woman believe a man's oath, let none believe that a man's speeches can be trustworthy. They, while their mind desires something and longs eagerly to gain it, nothing fear to swear, nothing spare to promise; but as soon as the lust of their greedy mind is satisfied, they fear not then their words, they heed not their perjuries.”
Nunc iam nulla viro iuranti femina credat,
nulla viri speret sermones esse fideles;
quis dum aliquid cupiens animus praegestit apisci,
nil metuunt iurare, nihil promittere parcunt:
sed simul ac cupidae mentis satiata libido est,
dicta nihil metuere, nihil periuria curant.
LXIV
Carmina
“The fear of the other makes us resemble the other who fears us.”
Cybors (2012)