The Wisdom of Warren Buffett, Part 4

by 10 years ago

Editor’s Note: Like most of you, we’ve got big ideas and aspirations for 2010; and yet, we don’t always have all the answers. So we’ve asked an oracle among Bros, Danny Brocean, to offer up one small nugget of Bro wisdom each day — a fortune cookie of insight, if you will. We hope you find them just as useful as we do.

This week we devote the entire sleeve of Fortune Cookies to the legendary investor, Warren Buffett. Warren loves to instruct and share his wisdom. Listen to virtually anything that comes out of his mouth, it’s folksy but so illuminating.

[inline:fortune]“I’m not buying stocks because the times, things are uncertain. On September 10, 2001, were things uncertain? The only thing that’s certain is that the things which worked in the past will continue to work.” If you don’t know why you’re only going in or you’re simply relying on a tip, trust your instincts, stay away.