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If principles can become dated, they're not principles.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Dated
Generosity
Principles
Become
Life

More quotes by Warren Buffett

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I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
Warren Buffett
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If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
Warren Buffett
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If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
Warren Buffett
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I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
Warren Buffett
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You should look at stocks as small pieces of business.
Warren Buffett
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
Warren Buffett
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Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
Warren Buffett
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When investing, pessimism is your friend, euphoria the enemy.
Warren Buffett
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I know the country works extremely well. You know, but when it isn't clogged up.
Warren Buffett
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If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
Warren Buffett
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Banking is very good business if you don't do anything dumb.
Warren Buffett
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When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
Warren Buffett
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The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
Warren Buffett
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.
Warren Buffett
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When you combine ignorance and leverage, you get some pretty interesting results.
Warren Buffett
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Bad terminology is the enemy of good thinking.
Warren Buffett
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
Warren Buffett
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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
Warren Buffett
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The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
Warren Buffett