Quote

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Likely
Buffets
Changing
Leaks
Energy
Vessel
Business
Profitable
Find
Productivity
Patching
Devoted
Chronically
Productive
Leaking
Boat
Vessels

More quotes by Warren Buffett

Image
In the end we must have people to match our principles, not the reverse.
Warren Buffett
Image
I've often felt there might be more to be gained by studying business failures than business successes.
Warren Buffett
Image
If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
Image
That's the reality of what they're going to sell them to the Treasury for.
Warren Buffett
Image
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to develop that talent, and set up the laws and the finanical system to let me do what I love doing-and make a lot of money doing it. The least I can do is help pay for all that.
Warren Buffett
Image
I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
Warren Buffett
Image
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
Warren Buffett
Image
Be fearful when the markets get greedy, be greedy when the markets get fearful.
Warren Buffett
Image
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
Warren Buffett
Image
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
Warren Buffett
Image
My idea of a group decision is to look in the mirror.
Warren Buffett
Image
You don't have to be a genius to invest well
Warren Buffett
Image
Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
Warren Buffett
Image
I am a better investor because I am a businessman, and a better businessman because I am no investor.
Warren Buffett
Image
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
Warren Buffett
Image
The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
Warren Buffett
Image
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
Warren Buffett
Image
The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
Warren Buffett
Image
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett
Image
Tell me your heroes and I'll tell you how your life will end up
Warren Buffett