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kleinbl00  ·  1430 days ago  ·  link  ·    ·  parent  ·  post: Investors Double Down on Stocks, Pushing Margin Debt to Record

    I feel like I need a new Mauldin article or something.

kk

    Wonder when people will start quitting their jobs to day trade like it's 1999.

LOL no need their jobs quit them!

    To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When hamburgers go up in price, we weep. For most people, it’s the same with everything in life they will be buying -- – except stocks. When stocks go down and you can get more for your money, people don’t like them anymore.”

    – Warren Buffett, Fortune magazine: “The Wit and Wisdom of Warren Buffett”