Warren Buffett Quotes:
Ocupation: Investor
Life: b. August 30, 1930
Birthday: August 30
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
topic: Pockets, Investing, Irony, Marketability, Brokers, Liquidity, Turnover
