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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.
Warren Buffett
Do what you would do for free, having passion for what you do is the most important thing.
Warren Buffett
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
Warren Buffett
Never depend on a single source of income.
Warren Buffett
Let blockheads read what blockheads wrote.
Warren Buffett
Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
Warren Buffett
Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
Warren Buffett
I'll take the deal, whatever you want to do.
Warren Buffett
They [Goverment] take from the woman who comes in and takes the wastebaskets out.
Warren Buffett
The best education you can get is investing in yourself, and that doesn't mean college or university.
Warren Buffett
When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
Warren Buffett
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.
Warren Buffett
Lethargy, bordering on sloth should remain the cornerstone of an investment style.
Warren Buffett
It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
Warren Buffett
You can't make a good deal with a bad person.
Warren Buffett
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
If you don't know jewelry, know the jeweler.
Warren Buffett
The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.
Warren Buffett
