Quote

Never test the depth of river with both the feet.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
River
Test
Tests
Depth
Rivers
Feet
Inspirational
Never

More quotes by Warren Buffett

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Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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Stocks of companies selling commodity-like products should come with a warning label: Competition may prove hazardous to human wealth.
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The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
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Investment ideas, like women are often more exciting than punctual.
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Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
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Read 500 pages every day. That's how knowledge works. It builds up like compound interest.
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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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Continually challenge and be willing to amend your best loved ideas.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
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I know what I want to do and it makes sense to get going.
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If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.
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We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
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A stock doesn't know that you own it.
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Be fearful when there is greed and be greedy when there is fear.
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The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
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Fund consultants like to require style boxes such as long-short, macro, international equities. At Berkshire our only style box is smart.
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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