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Here are some of the best Warren Buffett quotes of all time. 1. “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”
St. Thomas Aquinas states greed "is a sin against God, just as all mortal sins, in as much as man condemns things eternal for the sake of temporal things." [ 35 ] : A1 He also wrote that greed can be "a sin directly against one's neighbor, since one man cannot over-abound (superabundare) in external riches, without another man lacking them, for ...
Greed and fear are among the animal spirits that Keynes identified as profoundly affecting economies and markets. Warren Buffett found an investing rule in acting contrary to such prevailing moods, advising that the timing of buying or selling stocks should be "fearful when others are greedy and greedy only when others are fearful."
Homo unius libri ('(a) man of one book') is a Latin phrase attributed to Thomas Aquinas by bishop Jeremy Taylor (1613–1667), who claimed that Aquinas is reputed to have employed the phrase "hominem unius libri timeo" ('I fear the man of a single book'). The poet Robert Southey recalled the tradition in which the quotation became embedded:
Lobh (Gurmukhi: ਲੋਭ Lōbha) is a word derived from the Sanskrit (लोभ), which translates in English to "greed"; it is a strong desire for worldly possessions and a constant focus on possessing material items, especially the urge to possess what rightfully belongs to others.
In the words of Henry Edward Manning, avarice "plunges a man deep into the mire of this world, so that he makes it to be his god". [18] As defined outside Christian writings, greed is an inordinate desire to acquire or possess more than one needs, especially with respect to material wealth. [27] Aquinas considers that, like pride, it can lead ...
I am wiser than this man, for neither of us appears to know anything great and good; but he fancies he knows something, although he knows nothing; whereas I, as I do not know anything, do not fancy I do. In this trifling particular, then, I appear to be wiser than he, because I do not fancy I know what I do not know.