Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
Warren Buffett
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Gets
Contract
Risk
Officers
Berkshire
Trouble
Contracts
Monitor
Books
Chief
Derivatives
Ever
Chiefs
Initiate
Book
Fault
Officer
Made
Faults
Committee
Every
Management
Committees
More quotes by Warren Buffett
Is management candid with the shareholders?
Warren Buffett
Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
Warren Buffett
You need a lot of curiosity for a long, long time.
Warren Buffett
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Warren Buffett
The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
Warren Buffett
It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.
Warren Buffett
What we learn from history is that people don't learn from history.
Warren Buffett
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
Warren Buffett
Buy stocks like you buy your groceries, not like you buy your perfume.
Warren Buffett
The rich invest in time, the poor invest in money.
Warren Buffett
In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.
Warren Buffett
My favorite time frame for holding a stock is forever.
Warren Buffett
The three most important words in investing...Margin of Safety.
Warren Buffett
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.
Warren Buffett
Exercise humility and restraint.
Warren Buffett
It's a big mistake to try and mislead people. They will turn around.
Warren Buffett
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
Warren Buffett
When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.
Warren Buffett
I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
Warren Buffett
If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.
Warren Buffett