Quote of the Day – Bill Nygren

Bad news sells more newspapers, and creates more TV news viewers. … Investors have learned to approach positive news with a healthy dose of skepticism and correctly judge much of what they hear as “too good to be true.” But I believe investors have been slow to apply that thinking to the negative, and should also consider the possibility that what they hear is “too bad to be true.”

-Bill Nygren

This is one of the 750 quotes from 50 legendary investors featured in Investment Wisdom.

About Mariusz Skonieczny 333 Articles
Mariusz Skonieczny is the founder of Classic Value Investors.