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There is no perfect mathematical formula for pricing a business.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Formula
Formulas
Mathematical
Perfect
Business
Pricing

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Possessing a powerful worldwide brand is essential for sustained success.
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It makes a difference who the treasury secretary is.
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
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We will only do with your money what we would do with our own.
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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
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One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
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Sound investing can make you very wealthy if you're not in too big a hurry
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We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.
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I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.
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Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.
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Focus alone is not enough putting in the time to commit is also crucial to achieve success.
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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.
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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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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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There's no use running if you're on the wrong road.
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If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary you only need to understand the actions you undertake.
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I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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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.
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