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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
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.
Warren Buffett
I've never been very fully employed either.
Warren Buffett
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
Warren Buffett
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
Warren Buffett
We make investment decisions based on our evaluation of the most profitable combination of probabilities.
Warren Buffett
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important knowing its boundaries, however, is vital.
Warren Buffett
If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.
Warren Buffett
On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.
Warren Buffett
Never invest in a business you can't understand
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
An investor needs to do very few things right as long as he or she avoids big mistakes.
Warren Buffett
With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.
Warren Buffett
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
Warren Buffett
Every company that has an economist working for him has one employee too many.
Warren Buffett
You can't produce a baby in one month by getting nine women pregnant.
Warren Buffett
I think that actually people in my situation should be paying more tax.
Warren Buffett
We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
Warren Buffett
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
Warren Buffett
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett