Skip to content

Bandwagon Quote by Warren Buffett

“What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an…” quote by Warren Buffett
Download Open image
“What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth - for a while.”

Warren Buffett

2.3 out of 5 (8 ratings)

More by Warren Buffett

Explore all 984 Warren Buffett quotes

More Bandwagon quotes

Browse all 58 Bandwagon quotes