Quote

When investing, pessimism is your friend, euphoria the enemy.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Friend
Enemy
Euphoria
Pessimism
Investing
Financial

More quotes by Warren Buffett

Image
The American worker is more productive than he's ever been.
Warren Buffett
Image
I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.
Warren Buffett
Image
Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
Warren Buffett
Image
There is no perfect mathematical formula for pricing a business.
Warren Buffett
Image
Larger sums may be an advantage at some cases and a disadvantage at others.
Warren Buffett
Image
Never invest in a business you can't understand
Warren Buffett
Image
I've often felt there might be more to be gained by studying business failures than business successes.
Warren Buffett
Image
All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.
Warren Buffett
Image
The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
Warren Buffett
Image
I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
Warren Buffett
Image
You know ... you keep doing the same things and you keep getting the same result over and over again.
Warren Buffett
Image
Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.
Warren Buffett
Image
You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Warren Buffett
Image
Someone is sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett
Image
I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
Warren Buffett
Image
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
Warren Buffett
Image
The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
Warren Buffett
Image
Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
Warren Buffett
Image
When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
Warren Buffett
Image
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
Warren Buffett