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Stop trying to predict the direction of the stock market, the economy or elections.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Election
Economy
Buffets
Stop
Predict
Trying
Elections
Stock
Investing
Direction
Market
More quotes by Warren Buffett
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
Warren Buffett
House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.
Warren Buffett
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
Warren Buffett
Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
Warren Buffett
I'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
Warren Buffett
Very successful people say no to almost everything.
Warren Buffett
Buy stocks like you buy your groceries, not like you buy your perfume.
Warren Buffett
I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
Warren Buffett
We don't have to be smarter than the rest. We have to be more disciplined than the rest.
Warren Buffett
Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
Warren Buffett
Gold has two significant shortcomings, being neither of much use nor procreative.
Warren Buffett
The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
Warren Buffett
You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.
Warren Buffett
I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
Warren Buffett
The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
Warren Buffett
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
Warren Buffett
A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
Warren Buffett
I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
Warren Buffett
There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
Warren Buffett
You can't buy what is popular and do well.
Warren Buffett