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If you don't know jewelry, know the jeweler.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Jewelry

More quotes by Warren Buffett

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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
Warren Buffett
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
Warren Buffett
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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
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If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
Warren Buffett
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Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
Warren Buffett
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Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
Warren Buffett
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Only when you combine sound intellect with emotional discipline do you get rational behavior.
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It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
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Focus on your customers and lead your people as though their lives depend on your success.
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House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.
Warren Buffett
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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Does management resist the institutional imperative?
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Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
Warren Buffett
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I never invest in anything that I don't understand.
Warren Buffett
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The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
Warren Buffett
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There's no use running if you're on the wrong road.
Warren Buffett
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Warren Buffett