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Posts Tagged ‘Greed’

…We have no idea – and never have had – whether the market is going to go up, down, or sideways in the near- or intermediate term future.
What we do know, however, is that occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community.  The timing of these epidemics will be unpredictable.  And the market aberrations produced by them will be equally unpredictable, both as to duration and degree.  Therefore, we never try to anticipate the arrival or departure of either disease.  Our goal is more modest: we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
    —    Warren Buffett
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On This Day In:
2020 BLM
2019 Courage And Patience
2018 Push The Envelope
2017 Ents
2016 Are You Sure?
2015 Distracted
2014 What It Takes
2013 We Are
2012 Utopian
2011 Seen Any Black Swans Lately?

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Most people would succeed in small things if they were not troubled with great ambitions.
   —    Henry Wadsworth Longfellow
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On This Day In:
2019 Not Personal
2018 Preference For Irrationality
2017 All At Once
2016 One Of My Vices
2015 The War Lord
2014 Orange October (II) – Giants Win NLDS Game 2 In 18 Innings (2 to 1)!!
Acknowledging Doubt
2013 Fulfilled Acceptance
2012 Error Is Tolerated Here (So Far)
2011 In Defense Of Pain

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Three great forces rule the world: stupidity, fear and greed.
    —    Albert Einstein
[Friday’s vote in the U.S. Senate…  I’ve been reading some of the press releases from the Republican Senators who voted to block all new testimony and evidence in the impeachment trial of President Trump:  We don’t need anymore new evidence because the House Managers have proven the President is guilty and we don’t want the American public to hear anymore evidence in “our” (Republican controlled) chamber.  We’ve closed the book on this case, so let’s get on with voting to dismiss the impeachment because we Republicans don’t care that he’s guilty of violating his oath of Office by abusing his power.  (paraphrasing Tennessee Republican Senator Lamar Alexander)  What Alexander didn’t say was:  “I’m not even willing to discuss the President’s guilt in obstructing Congress ’cause I just said he was guilty and why should a guilty Republican President have to provide evidence (documents or witnesses) about his own guilt just because a Democratic controlled House of Representatives wants us to fulfill our Constitution mandated oversight responsibilities.”
The above quote (from Einstein) was found at one of the blogs I follow:   https://aponderingmind.org
The specific link is:  https://aponderingmind.org/2020/01/01/three-great-forces-rule-the-world-stupidity-fear-and-greed-albert-einstein/
Please visit the site if you have a spare moment…    —    KMAB]
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On This Day In:
2019 Contributing To Congress
Yellow Signs Of Spring
2018 But Take Heart
Poetic Marker
2017 The Few, The Many, The Most
2016 To My Brother
2015 For Junior
A Roman Rome
2014 Hmmm
2013 What’s A Motto With You?
2012 Worthy Companions
2011 Bourne Again
Which Ten Are You In?

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 You can’t have everything.  Where would you put it?
    —    Stephen Wright
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On This Day In:
2016 Maybe Someday
2015 How’s The Cow?
2014 Mind Made Up
2013 On Purpose
2012 The Dream
2011 What Could Be More Comfortable?

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Calm self-confidence is as far from conceit as the desire to earn a decent living is remote from greed.
   —  Channing Pollock
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On This Day In:
2015 Rocky 7
Just Like Politics
2014 Game And Legend
“Scientific” Pride In Humanity
2013 Real Honor
Catching Up
2012 Thoughts And Communications
2011 But How Does Peter Feel?
2010 Name That Regret

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