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Lethargy, bordering on sloth should remain the cornerstone of an investment style.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Cornerstone
Sloth
Investing
Investment
Remain
Style
Bordering
Lethargy
More quotes by Warren Buffett
No matter how great the talent or efforts, some things just take time.
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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Enjoy your work and work for whom you admire.
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The dumbest reason in the world to buy a stock is because it's going up.
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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
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Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth.
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We will only do with your money what we would do with our own.
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Buy a business, don't rent stocks.
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You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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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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I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
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I think that actually people in my situation should be paying more tax.
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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
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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.
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The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
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We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
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