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

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Well
Coverage
Important
Newspaper
Reduce
Newspapers
News
Community
Certain
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Reduces

More quotes by Warren Buffett

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What we really want to do is buy businesses that we would be happy to own forever.
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You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.
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It is better to point out your own mistakes than have somebody else do it.
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I know that Congress will do the right thing.
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If book knowledge made great investors, than the librarians would all be rich.
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Wall Street makes its money on activity. You make your money on inactivity.
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First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
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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.
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Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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If I got a chance to take one percent of the deal either way, I would make that bet.
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First come the innovators, then come the imitators, then come the idiots.
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Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
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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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In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.
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We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
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It's easier to create money than to spend it.
Warren Buffett
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I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.
Warren Buffett
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Buy into a company because you want to own it, not because you want the stock to go up.
Warren Buffett
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Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
Warren Buffett