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The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
World
Dumbest
Stock
Reason
Going
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Making money isn't the backbone of our guiding purpose making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money
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That's the reality of what they're going to sell them to the Treasury for.
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In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts the Depression a dozen or so recessions and financial panics oil shocks a flu epidemic and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
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We don't get paid for being busy, we get paid for being right.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
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The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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Lethargy, bordering on sloth should remain the cornerstone of an investment style.
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If book knowledge made great investors, than the librarians would all be rich.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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It's class warfare, my class is winning, but they shouldn't be.
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