Quote

The dumbest reason in the world to buy a stock is because it's going up.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
World
Dumbest
Stock
Reason
Going

More quotes by Warren Buffett

Image
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
Image
If you are a professional and have confidence, then I would advocate lots of concentration.
Warren Buffett
Image
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
Warren Buffett
Image
Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
Warren Buffett
Image
The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
Warren Buffett
Image
Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
Warren Buffett
Image
A single year's performance is of minor importance and, good or bad, should never be taken seriously.
Warren Buffett
Image
A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.
Warren Buffett
Image
The smartest side to take in a bidding war is the losing side.
Warren Buffett
Image
That which is not worth doing at all is not worth doing well.
Warren Buffett
Image
All I have to do is think and not be influenced by others.
Warren Buffett
Image
If principles can become dated, they're not principles.
Warren Buffett
Image
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.
Warren Buffett
Image
You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
Warren Buffett
Image
If knowing history made you rich, librarians would be billionaires.
Warren Buffett
Image
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
Warren Buffett
Image
Larger sums may be an advantage at some cases and a disadvantage at others.
Warren Buffett
Image
The value of a business is the cash it's going to produce in the future.
Warren Buffett
Image
Knowing what to leave out is just as important as knowing what to focus on.
Warren Buffett
Image
It's just that right now the athlete's on the floor. But we - this is a super athlete.
Warren Buffett