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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Seeing
Stocks
Happy
Sinking
Future
Equity
Much
Prices
Investing
Equities
Prefer
Purchasers
Near
Prospective
Rise
Sellers
More quotes by Warren Buffett
I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
Warren Buffett
Other guys read Playboy. I read annual reports.
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Well, it may be all right in practice, but it will never work in theory
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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.
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People do, as long as you have markets, you'll have excesses.
Warren Buffett
It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
Warren Buffett
Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
Warren Buffett
It is more important to say no to an opportunity, than to say yes.
Warren Buffett
I don't want to hold out false hopes that the - by some magic moment, that things will turn around in a couple months because they wouldn't, Charlie. I mean, and it's a big mistake to try and mislead people.
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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
Warren Buffett
I never try to predict the market.
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I lose confidence in other people, all kinds of institutions.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
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You can't produce a baby in one month by getting nine women pregnant.
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
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The American worker is more productive than he's ever been.
Warren Buffett
I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
Warren Buffett
I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
Warren Buffett
In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
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