Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.


2004 Chairman's Letter - Letters to Shareholders (1957 - 2012)

Warren Buffett Quotes

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they...

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they...

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they...

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they...