Quote

Do not take yearly results too seriously. Instead, focus on four or five-year averages.

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
Four
Yearly
Year
Averages
Five
Investing
Take
Seriously
Years
Average
Instead
Focus
Results

More quotes by Warren Buffett

Image
The most important quality for an investor is temperament, not intellect.
Warren Buffett
Image
Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
Warren Buffett
Image
If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren Buffett
Image
Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
Warren Buffett
Image
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Warren Buffett
Image
Investment ideas, like women are often more exciting than punctual.
Warren Buffett
Image
I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
Image
The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
Warren Buffett
Image
If I subscribed to the efficient market theory I would still be delivering papers
Warren Buffett
Image
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Warren Buffett
Image
When they get their ego involved, people do things they shouldn't do.
Warren Buffett
Image
In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
Warren Buffett
Image
Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.
Warren Buffett
Image
Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
Warren Buffett
Image
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
Warren Buffett
Image
You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
Image
The greatest Enemies of the Equity investor are Expenses and Emotions.
Warren Buffett
Image
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
Warren Buffett
Image
Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.
Warren Buffett
Image
Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
Warren Buffett