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Never invest in a business you can't understand
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Understand
Business
Buffets
Never
Invest
Investors
Investing
Economics
Investment
Management
More quotes by Warren Buffett
You could be somewhere where the mail was delayed three weeks and do just fine investing.
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The trick is, when there is nothing to do, do nothing.
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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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The best education you can get is investing in yourself, and that doesn't mean college or university.
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My friends and I have been coddled long enough by a billionaire-friendly Congress.
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Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.
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Stop trying to predict the direction of the stock market, the economy or elections.
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Investment must be rational if you can't understand it, don't do it.
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You get in a lot of trouble when you start putting fictitious numbers.
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Always associate yourself with people who are better than you.
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We make investment decisions based on our evaluation of the most profitable combination of probabilities.
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If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
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I look at everything. That's my job. I really do, every day. I think about everything.
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Never give up searching for the job that you're passionate about.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
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Exercise humility and restraint.
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If you don't make mistakes you can't make decisions.
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It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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