Quote

A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well

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
Community
Certain
Readership
Wells
Reduces
Well
Coverage
Important
Newspaper
Reduce
Newspapers
News

More quotes by Warren Buffett

Image
The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
Warren Buffett
Image
You can lose leverage, and it's the only way a smart guy can go broke.
Warren Buffett
Image
Valuing a business is part art and part science.
Warren Buffett
Image
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary you only need to understand the actions you undertake.
Warren Buffett
Image
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Warren Buffett
Image
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
Warren Buffett
Image
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Warren Buffett
Image
The single most important decision in evaluating a business is pricing power.
Warren Buffett
Image
We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
Warren Buffett
Image
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
Warren Buffett
Image
It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.
Warren Buffett
Image
I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
Warren Buffett
Image
I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.
Warren Buffett
Image
An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.
Warren Buffett
Image
Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?
Warren Buffett
Image
The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
Warren Buffett
Image
You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
Warren Buffett
Image
If horses had controlled investment decisions, there would have been no auto industry.
Warren Buffett
Image
The most dangerous distractions are the ones you love, but that don’t love you back.
Warren Buffett
Image
You get in a lot of trouble when you start putting fictitious numbers.
Warren Buffett