Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
Warren Buffett
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Car
Fatal
Large
Driver
Amount
Wheel
Happen
Drivers
Dagger
Happens
Wheels
Daggers
Better
Fewer
Leverage
Heart
Accidents
Steering
Like
Driving
Pointed
More quotes by Warren Buffett
There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Warren Buffett
Does the business have a consistent operating history?
Warren Buffett
The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
Warren Buffett
When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
Warren Buffett
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Warren Buffett
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.
Warren Buffett
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
Warren Buffett
The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
Warren Buffett
I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.
Warren Buffett
I don't read economic forecasts. I don't read the funny papers.
Warren Buffett
The trick is, when there is nothing to do, do nothing.
Warren Buffett
The Fed is the greatest hedge fund in history.
Warren Buffett
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
Wall Street makes its money on activity. You make your money on inactivity.
Warren Buffett
You can be sure that over the next 10 years, you'll see something that you did not think was possible.
Warren Buffett
I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
Warren Buffett
Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
Warren Buffett
Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
Warren Buffett
There is no perfect mathematical formula for pricing a business.
Warren Buffett
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Warren Buffett
