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Quote By Warren Buffett
Renowned American Investor and Chairman of Berkshire Hathaway
Born: August 30, 1930
Warren Buffett, the legendary investor, exemplifies timeless wisdom in finance, amassing immense wealth through his prudent and patient approach to investing.
Explanation Of The Quote
This quote advises investors to adopt a contrarian approach. When the majority of investors are overly optimistic (greedy), it may be wise to exercise caution. Conversely, when fear and pessimism prevail in the market, it can present opportunities for those willing to invest (greedy) when others are selling in panic.