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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Work
Always
People
Admire
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More quotes by Warren Buffett
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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The dumbest reason in the world to buy a stock is because it's going up.
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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.
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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
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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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When investing, pessimism is your friend, euphoria the enemy.
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If knowing history made you rich, librarians would be billionaires.
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With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock
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The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
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Don't settle for anything other than your passion - if you're lucky enough to find it.
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
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We've got a wonderful economic formula in this country.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Activity is the enemy of investment returns.
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You should invest in a business that even a fool can run, because someday a fool will.
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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.
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