Quote

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Running
Sooner
Trying
Idiot
Investing
Investment
Brilliant
Buffets
Later
Insightful
Wonderful
Businesses
Business
Stock

More quotes by Warren Buffett

Image
I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.
Warren Buffett
Image
Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
Warren Buffett
Image
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
Warren Buffett
Image
The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
Warren Buffett
Image
Fear is the foe of the faddist, but the friend of the fundamentalist.
Warren Buffett
Image
If you don't make mistakes you can't make decisions.
Warren Buffett
Image
Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
Warren Buffett
Image
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
Warren Buffett
Image
A single year's performance is of minor importance and, good or bad, should never be taken seriously.
Warren Buffett
Image
In economics, you always want to ask 'And then what?'
Warren Buffett
Image
A stock doesn't know that you own it.
Warren Buffett
Image
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
Warren Buffett
Image
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Warren Buffett
Image
In business, I look for economic castles protected by unbreachable 'moats'.
Warren Buffett
Image
It's easier to create money than to spend it.
Warren Buffett
Image
I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
Warren Buffett
Image
In the world of business, the people who are most successful are those who are doing what they love.
Warren Buffett
Image
If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
Warren Buffett
Image
Investing is simple, but not easy.
Warren Buffett
Image
The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
Warren Buffett