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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Annual
Equations
Reports
Greek
Investing
Fisher
Letters
Graham
Read
Phil
Annuals
More quotes by Warren Buffett
I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
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If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
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The future is never clear you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
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People should always know better.
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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
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I know the country works extremely well. You know, but when it isn't clogged up.
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The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
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The only way to be loved is to be loveable, which really irritates me.
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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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A public-opinion poll is no substitute for thought.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
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It’s not that I want money. It’s the fun of making money and watching it grow.
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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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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