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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Idiot
Kinds
Creativity
Three
Kind
Imitators
People
Imitator
Innovators
Idiots
More quotes by Warren Buffett
I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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Let blockheads read what blockheads wrote.
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We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
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I'm putting all my money in the Chinese toy market.
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I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
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Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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Be brave when others are afraid, and afraid when others are brave.
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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What's nice about investing is you don't have to swing at every pitch.
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Your money can be inflated away but your knowledge and talent cannot.
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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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I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
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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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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
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We will reject interesting opportunities rather than over-leverage our balance sheet.
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Our approach is very much profiting from lack of change rather than from change.
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