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You know ... you keep doing the same things and you keep getting the same result over and over again.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Keep
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Life
Investing
Investment
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If I subscribed to the efficient market theory I would still be delivering papers
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Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error
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Good profits simply are not inconsistent with good behavior.
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While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
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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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I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.
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The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
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In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts the Depression a dozen or so recessions and financial panics oil shocks a flu epidemic and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
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Knowing what to leave out is just as important as knowing what to focus on.
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
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A Company should be viewed as an unfolding movie, not as a still photograph
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