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The best investment you can make is in yourself.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Inspirational
Best
Make
Horsepower
Entrepreneur
Investment
More quotes by Warren Buffett
There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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I have three boxes on my desk: In, Out, and Too Hard.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Take the high road it's far less crowded.
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Enjoy your work and work for whom you admire.
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When people talk about cash being king, it's not king if it just sits there and never does anything.
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It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
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Focus on your customers and lead your people as though their lives depend on your success.
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Focus alone is not enough putting in the time to commit is also crucial to achieve success.
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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
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Never invest in a business you can't understand
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Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.
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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
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The value of a business is the cash it's going to produce in the future.
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If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
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Never invest in a business you don't understand.
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How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.
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Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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