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You can't make a good deal with a bad person.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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The three most important words in investing...Margin of Safety.
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The only time to buy these is on a day with no 'y' in it.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
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I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
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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.
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The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
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Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
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Focus on your customers and lead your people as though their lives depend on your success.
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It's a big mistake to try and mislead people. They will turn around.
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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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People should always know better.
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Never be afraid to ask for too much when selling or offer too little when buying.
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We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
Warren Buffett
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
You don't want 300 million Americans putting their money under the mattress.
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All I have to do is think and not be influenced by others.
Warren Buffett
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.
Warren Buffett
Never risk what you have and need for what we don't have and don't need.
Warren Buffett
