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Beware of geeks bearing formulas.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Savings
Formulas
Investing
Saving
Investment
Geeks
Bearing
Beware
Geek
More quotes by Warren Buffett
If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.
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It's us fun being a horse when the tractor comes along, or the blacksmith when the car comes along.
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
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You can be sure that over the next 10 years, you'll see something that you did not think was possible.
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We've got a wonderful economic formula in this country.
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Buy a business, don't rent stocks.
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Money will not change how healthy you are or how many people love you.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
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Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
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Unless your answers are clearly better, copy the answers of your betters.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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It's a lot easier to buy things than it is to sell them.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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Look for companies with high profit margins.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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The rich invest in time, the poor invest in money.
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You don't want 300 million Americans putting their money under the mattress.
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We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
Warren Buffett
