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I buy expensive suits - they just look cheap on me.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
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Looks
Cheap
Suits
Expensive
More quotes by Warren Buffett
Is management candid with the shareholders?
Warren Buffett
I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
Warren Buffett
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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If you have a great manager, you want to pay him very well.
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Investors should remember that excitement and expenses are their enemies.
Warren Buffett
You don't ever ask a barber whether you need a haircut.
Warren Buffett
Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
Warren Buffett
So smile when you read a headline that says Investors lose as market falls. Edit it in your mind to Disinvestors lose as market falls-but investors gain. Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: Every putt makes someone happy.
Warren Buffett
You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
Warren Buffett
I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
Warren Buffett
You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.
Warren Buffett
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
Warren Buffett
I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren Buffett
... the best way to own common stocks is through an index fund.
Warren Buffett
Money will not change how healthy you are or how many people love you.
Warren Buffett
I don't like what's going on with the executive compensation.
Warren Buffett
Sound investing can make you very wealthy if you're not in too big a hurry
Warren Buffett
People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
Warren Buffett
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
Warren Buffett