Quote

Never invest in a business you can't understand

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Never
Invest
Investors
Investing
Economics
Investment
Management
Understand
Business
Buffets

More quotes by Warren Buffett

Image
Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett
Image
But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.
Warren Buffett
Image
It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.
Warren Buffett
Image
I've never been very fully employed either.
Warren Buffett
Image
The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
Warren Buffett
Image
Forecasts may tell you a great deal about the forecaster they tell you nothing about the future.
Warren Buffett
Image
I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.
Warren Buffett
Image
Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
Warren Buffett
Image
Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses
Warren Buffett
Image
You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.
Warren Buffett
Image
Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett
Image
I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
Warren Buffett
Image
Charlie and I have a number of filters that things have to get through before we'll think about them.
Warren Buffett
Image
If I got a chance to take one percent of the deal either way, I would make that bet.
Warren Buffett
Image
I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
Warren Buffett
Image
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
Warren Buffett
Image
Your money can be inflated away but your knowledge and talent cannot.
Warren Buffett
Image
The most important quality for an investor is temperament, not intellect.
Warren Buffett
Image
I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
Warren Buffett
Image
Do not put all your eggs in one basket.
Warren Buffett