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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
Important
Newspaper
Reduce
Newspapers
News
Community
Certain
Readership
Wells
Reduces
Well
Coverage
More quotes by Warren Buffett
We've got more productive capacity now than we ever have.
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Well, it may be all right in practice, but it will never work in theory
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Does the business have favourable long term prospects?
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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 would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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You should look at stocks as small pieces of business.
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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I don't want to hold out false hopes that the - by some magic moment, that things will turn around in a couple months because they wouldn't, Charlie. I mean, and it's a big mistake to try and mislead people.
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I've often felt there might be more to be gained by studying business failures than business successes.
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It's a lot easier to buy things than it is to sell them.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
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We make investment decisions based on our evaluation of the most profitable combination of probabilities.
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The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
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I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
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It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
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There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
Warren Buffett
