Quote

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.

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
Tells
Direction
Prediction
Market
Predicting
Persons
Stocks
Person
Headed
Nothing
Predictions
Whole
Stock
Investing

More quotes by Warren Buffett

Image
I view derivatives as time bombs, both for the parties that deal in them and the economic system.
Warren Buffett
Image
If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
Warren Buffett
Image
Banking is very good business if you don't do anything dumb.
Warren Buffett
Image
The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.
Warren Buffett
Image
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
Image
Does the business have a consistent operating history?
Warren Buffett
Image
In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Warren Buffett
Image
Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
Warren Buffett
Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
Warren Buffett
Image
I wouldn’t mind going to jail if I had three cellmates who played bridge
Warren Buffett
Image
An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
Warren Buffett
Image
There's no use running if you're on the wrong road.
Warren Buffett
Image
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.
Warren Buffett
Image
Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
Warren Buffett
Image
We continue to make more money when snoring than when active.
Warren Buffett
Image
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
Warren Buffett
Image
The reaction of weak management to weak operations is often weak accounting.
Warren Buffett
Image
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
Warren Buffett
Image
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
Warren Buffett
Image
If you don't know the Jewelry, know the Jeweller
Warren Buffett