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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Make
Investing
Reopen
Never
Investment
Buffets
Market
Trading
Close
Profitable
Five
Investors
Next
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Years
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More quotes by Warren Buffett
You pay a very high price in the stock market for a cheery consensus.
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Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
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First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
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We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
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If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
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I am a better investor because I am a businessman, and a better businessman because I am no investor.
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The best asset is your own self. You can become to an enormous degree the person you want to be
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The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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Very successful people say no to almost everything.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
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In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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Investment must be rational if you can't understand it, don't do it.
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You should look at stocks as small pieces of business.
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The investor of today does not profit from yesterday's growth.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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If you cannot control your emotions, you cannot control your money.
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