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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
News
Community
Certain
Readership
Wells
Reduces
Well
Coverage
Important
Newspaper
Reduce
Newspapers
More quotes by Warren Buffett
Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Never lie under any circumstances.
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Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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As far as you are concerned, the stock market does not exist. Ignore it.
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I don't read economic forecasts. I don't read the funny papers.
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People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.
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I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
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The future is never clear you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
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We look for things I can understand. A lot of businesses I don't understand.
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It's us fun being a horse when the tractor comes along, or the blacksmith when the car comes along.
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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Emotional makeup is more important than technical skill
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