Customer Quote by Warren Buffett
“Stocks are the only thing that people are happy to buy when the price goes up.”
About This Quote
Source Speech: Berkshire Hathaway Annual Shareholders Meeting, 2015
People buy stocks when prices rise, showing herd behavior and optimism bias.
In simple terms: People love buying rising stocks.
Beware of herd mentality in investing.
Themes
Mood
Type
When to use this quote
- stock trading
- portfolio management
- financial planning
Key Concepts
Questions to Reflect On
- Why do you chase rising prices?
- How can you stay rational?
Does not address value investing fundamentals.