Quotation by

Warren Buffett

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

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Understanding this quote AI Analysis

Warren Buffett is criticizing institutions that frequently buy and sell stocks, suggesting their behavior is more about short-term activity than true investing. He compares this to calling someone a romantic just because they have many brief relationships, implying the label doesn't fit the reality of their actions.

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The word 'romance,' according to the dictionary, means excitement, adventure, and something extremely real. Romance should last a lifetime.

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Romantic love is mental illness. But it's a pleasurable one. It's a drug. It distorts reality, and that's the point of it. It would be impossible to fall in love with someone that you really saw.
Most cynics are really crushed romantics: they've been hurt, they're sensitive, and their cynicism is a shell that's protecting this tiny, dear part in them that's still alive.