"Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time"
About this Quote
The subtext is classic Buffett paternalism, the kind that lands because it doesn’t sound like a lecture. “We’ll break out of it” is confidence without a timetable, reassurance without denial. That matters in a culture where financial commentary often performs certainty as a brand. Buffett offers something rarer: credibility anchored in long memory. He’s signaling that downturns are not moral verdicts on the economy, just phases in a recurring pattern of overreaction and recovery. The “it takes time” clause is the quiet anchor, tempering optimism with patience - a subtle push against panic-selling, doomer headlines, and the urge for immediate policy or market miracles.
Contextually, this is Buffett in crisis mode (most famously around 2008, but applicable to any shock): using his public voice to steady sentiment because sentiment itself is part of the machinery. When one of capitalism’s most trusted elders says fear is cyclical, he’s not only diagnosing the market; he’s trying to treat it.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Buffett, Warren. (n.d.). Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time. FixQuotes. https://fixquotes.com/quotes/americans-are-in-a-cycle-of-fear-which-leads-to-27270/
Chicago Style
Buffett, Warren. "Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time." FixQuotes. Accessed February 3, 2026. https://fixquotes.com/quotes/americans-are-in-a-cycle-of-fear-which-leads-to-27270/.
MLA Style (9th ed.)
"Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time." FixQuotes, https://fixquotes.com/quotes/americans-are-in-a-cycle-of-fear-which-leads-to-27270/. Accessed 3 Feb. 2026.




