But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going … - Warren Buffett

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It is always the minorities that hold the key of progess; it is always through those who are unafraid to be different that advance comes to human society.

Warren Buffett

But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.

300, Americans, Consistently, Government, Home, Media

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