What Happens When the Bubble Bursts on Wall Street

by Warren Buffett
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street -- a community in which quality control is not prized -- will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
Was this Tip useful?  
Was useful  Was not useful
Copy and paste this HTML in your website to link to this page