TheRealQuotes

"Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."

―

Virtually

From

Investor

Added on

About Warren Buffett

American investor and philanthropist who led Berkshire Hathaway for decades. Known as the "Oracle of Omaha," he is one of the most prominent proponents of value investing. He is widely cited for long-term investment discipline and capital allocation principles.

Born:

View all quotes from Warren Buffett

"Believing in Santa Claus doesn't do kids any harm for a few years but it isn't smart for them to ..."
"A day will come when the European god of the nineteenth century will be classed with the gods of ..."
"What if God is a woman? Not only am I going to hell, but I'll never know why."