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What the wise do in the beginning, fools do in the end.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Beginning
Fool
Wise
Ends
Fools
Investment

More quotes by Warren Buffett

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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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That's the reality of what they're going to sell them to the Treasury for.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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No matter how great the talent or efforts, some things just take time.
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One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
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When it's raining gold, reach for a bucket, not a thimble.
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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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Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
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Too often, a vast collection of possessions ends up possessing its owner.
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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It irritates the hell out of me but you can't buy love.
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It is madness to risk losing what you need in pursuing what you simply desire.
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Inflation could be a very - is a likely consequence out of what's going on now.
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Never depend on single income. Make investment to create a second source.
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I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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People will always try to stop you from doing the right thing if it is unconventional.
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
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Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?
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The best thing I did was choose the right heroes.
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