Quote

Calculate owner earnings to get a true reflection of value.

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
Owner
Earning
Owners
Investing
Reflection
Value
Values
Calculate
True
Earnings

More quotes by Warren Buffett

Image
I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.
Warren Buffett
Image
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
Warren Buffett
Image
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.
Warren Buffett
Image
Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
Warren Buffett
Image
Our approach is very much profiting from lack of change rather than from change.
Warren Buffett
Image
In the world of business, the people who are most successful are those who are doing what they love.
Warren Buffett
Image
I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
Warren Buffett
Image
Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
Warren Buffett
Image
In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
Warren Buffett
Image
We don't have to be smarter than the rest. We have to be more disciplined than the rest.
Warren Buffett
Image
Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
Warren Buffett
Image
Money will always flow toward opportunity, and there is an abundance of that in America.
Warren Buffett
Image
You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
Warren Buffett
Image
I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.
Warren Buffett
Image
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
Warren Buffett
Image
Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett
Image
Someone is sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett
Image
The purpose of life is to be loved by as many people as possible among those you want to have love you
Warren Buffett
Image
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
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