"Gold is a way of going long on……" — Warren Buffett

"Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything."

— Warren Buffett

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462 Quotes by Warren Buffett

Warren Buffett has 462 quotes on this site. A few more worth reading:

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More Afraid Quotes

This quote is filed under Afraid Quotes, one of 5,719 quotes in that category. Here are a few more:

People are so damned afraid that one day they might wake up and discover that they've grown old. — Billie Joe Armstrong
I like being a strong, independent woman, and to be honest, I was never afraid to be on my own. — Dido Armstrong
I am afraid that the pleasantness of an employment does not always evince its propriety. — Jane Austen
I am more afraid of those who are terrified of the devil than I am of the devil himself. — Teresa of Avila
I just let the work speak for itself. An actor is not afraid to take risks; to put on different… — Kevin Bacon
Well, knowledge is a fine thing, and mother Eve thought so; but she smarted so severely for hers, that most… — Abigail Adams
I grew up as a Mormon, and that had more of an impact on my values than my beliefs. I'm… — Amy Adams
Luck? I don't know anything about luck. I've never banked on it and I'm afraid of people who do. Luck… — Lucille Ball
Women's Lib? Oh, I'm afraid it doesn't interest me one bit. I've been so liberated it hurts. — Lucille Ball
I am not finding pregnancy much of a joy. I am afraid of childbirth, but I am afraid I can't… — Brigitte Bardot
As a child, I was more afraid of tetanus shots than, for example, Dracula. — Dave Barry
I wasn't afraid to be laughed at or be loud. — Lynda Barry

See all 5,719 Afraid Quotes »