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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Playing
Bigs
Keep
Play
Important
Stakes
Thing
Opponents
Investing
Weak
More quotes by Warren Buffett
With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.
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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
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Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
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I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.
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You know ... you keep doing the same things and you keep getting the same result over and over again.
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To win, the first thing you have to do is not lose.
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I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.
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The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
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There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
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My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
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I get to do what I like to do every single day of the year.
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The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
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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.
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Sound investing can make you very wealthy if you're not in too big a hurry
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Continually challenge and be willing to amend your best loved ideas.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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