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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
Become
Life
Dated
Generosity
Principles
More quotes by Warren Buffett
Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
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The good thing is, we have household formation in this country.
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People do, as long as you have markets, you'll have excesses.
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The dumbest reason in the world to buy a stock is because it's going up.
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I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
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A bull market is like sex. It feels best just before it ends.
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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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You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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I buy expensive suits - they just look cheap on me.
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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.
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A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.
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I've never been very fully employed either.
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We enjoy the process far more than the proceeds.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
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We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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Traditional wisdom is long on tradition and short on wisdom.
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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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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.
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