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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

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Keep
Investing
Money
Prefer
Around
Saving
Littles
Otherwise
Little
Sex
Things
Forever
Like
Nice
Age
Buying

More quotes by Warren Buffett

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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
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You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
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We would do best in a market where everyone acted foolishly.
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
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The advice you never go broke taking a profit is foolish.
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Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
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They [Goverment] take from the woman who comes in and takes the wastebaskets out.
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You should invest like a Catholic marries: for life.
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Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
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Activity is the enemy of investment returns.
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An ounce of prevention is worth a pound of cure understated.
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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
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Valuing a business is part art and part science.
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It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
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You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.
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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.
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
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Does the business have a consistent operating history?
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