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The best thing I did was choose the right heroes.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Thing
Heroes
Hero
Choose
Best
Right
More quotes by Warren Buffett
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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A fool and his money are soon invited everywhere.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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First come the innovators, then come the imitators, then come the idiots.
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Investment must be rational if you can't understand it, don't do it.
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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Long ago, Ben Graham taught me that Price is what you pay value is what you get. Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.
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I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
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The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.
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The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
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I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
Warren Buffett
Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
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I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren Buffett
I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
Warren Buffett
Do what you would do for free, having passion for what you do is the most important thing.
Warren Buffett
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
If I subscribed to the efficient market theory I would still be delivering papers
Warren Buffett
I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.
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