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Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Earning
Heads
Putty
Decision
Pliable
Company
Charlatan
Business
Valuation
Charlatans
Earnings
Reporting
More quotes by Warren Buffett
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
Warren Buffett
Never invest in a business you can't understand
Warren Buffett
I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
Warren Buffett
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.
Warren Buffett
The best asset is your own self. You can become to an enormous degree the person you want to be
Warren Buffett
The smartest side to take in a bidding war is the losing side.
Warren Buffett
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
Warren Buffett
People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
Warren Buffett
Remember that the stock market is manic-depressive.
Warren Buffett
The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
A single year's performance is of minor importance and, good or bad, should never be taken seriously.
Warren Buffett
The best investment you can make is in yourself.
Warren Buffett
Risk can be greatly reduced by concentrating on only a few holdings.
Warren Buffett
The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
Warren Buffett
When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Warren Buffett
Take the job you would take if you were independently wealthy. You're going to do well at it.
Warren Buffett
I like to buy things I can understand. I do a lot of research on things.
Warren Buffett
If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
Warren Buffett
We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
Warren Buffett
