"We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'"
About this Quote
The intent is strategic gatekeeping. Buffett isn’t just insulting day traders; he’s defending a definition that benefits his entire worldview and business model. If investing means owning slices of real businesses and letting compounding do its slow violence in your favor, then constant trading isn’t a different flavor of investing - it’s a different activity altogether, closer to entertainment, gambling, or careerist signaling. The subtext is that language is part of the scam: call it “investing” and it gains legitimacy, even when it’s mostly fees, churn, and narrative-driven opportunism.
Context matters: Buffett came up as the anti-Wall Street Wall Street guy, preaching discipline in eras when markets were increasingly financialized, televised, and gamified. His line preempts the modern cult of “activity” as intelligence - the idea that clicking, refreshing, optimizing is inherently sophisticated. He’s reminding you that seriousness often looks boring, and that boredom is frequently the price of results.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Buffett, Warren. (2026, January 15). We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'. FixQuotes. https://fixquotes.com/quotes/we-believe-that-according-the-name-investors-to-16666/
Chicago Style
Buffett, Warren. "We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/we-believe-that-according-the-name-investors-to-16666/.
MLA Style (9th ed.)
"We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/we-believe-that-according-the-name-investors-to-16666/. Accessed 6 Feb. 2026.








