Bears Quote by Warren Buffett
“Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.”
About This Quote
Source Letter to Shareholders, 2018
Market cycles hide but do not change underlying mathematical principles governing finance.
In simple terms: Bull and bear markets conceal but cannot change financial laws.
Study fundamentals, not just market sentiment.
Themes
Mood
Type
When to use this quote
- portfolio management
- risk assessment
- long‑term planning
Key Concepts
Questions to Reflect On
- How do you stay focused on fundamentals?
- What metrics reveal true value?
Short‑term trends can distract from deeper analysis.