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We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Long
Insightful
Investing
Wait
Paid
Activity
Waiting
Values
Indefinitely
Right
Buffets

More quotes by Warren Buffett

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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
Warren Buffett
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What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.
Warren Buffett
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I think confidence will come back.
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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 think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.
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Energy deregulation will be the largest transfer of wealth in history.
Warren Buffett
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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
Warren Buffett
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It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.
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Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.
Warren Buffett
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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
Warren Buffett
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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
Warren Buffett
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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren Buffett
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Diversification may preserve wealth, but concentration builds wealth.
Warren Buffett
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
Warren Buffett
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Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
Warren Buffett
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Don't settle for anything other than your passion - if you're lucky enough to find it.
Warren Buffett
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
Warren Buffett
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When investing, pessimism is your friend, euphoria the enemy.
Warren Buffett
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Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
Warren Buffett