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We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
Learning how to live is much more important than learning how to make a living.
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The thing to do is to keep your mind when the world around you is losing theirs.
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I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
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Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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I never invest in anything that I don't understand.
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Risk is a part of God's game, alike for men and nations.
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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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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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An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
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I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
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If you don't know the Jewelry, know the Jeweller
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I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Do not save what is left after spending, but spend what is left after saving.
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Always associate yourself with people who are better than you.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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Stop trying to predict the direction of the stock market, the economy or elections.
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