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Gold has two significant shortcomings, being neither of much use nor procreative.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Much
Procreative
Shortcomings
Significant
Neither
Gold
Use
Money
Two
More quotes by Warren Buffett
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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Never depend on single income. Make investment to create a second source.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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When the brothel burns down, even the pretty girls have to run out.
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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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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We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
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A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well
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The rich invest in time, the poor invest in money.
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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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Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.
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I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.
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We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.
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Growth and value investing are joined at the hip.
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There is no staff. I make all the investment decisions and I do all my own analysis.
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it's a good idea to review past mistakes before committing new ones.
Warren Buffett
