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Look for companies with high profit margins.
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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High
More quotes by Warren Buffett
We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.
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Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
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You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
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Long ago, Ben Graham taught me that Price is what you pay value is what you get. Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.
Warren Buffett
Sound investing can make you very wealthy if you're not in too big a hurry
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A bull market is like sex. It feels best just before it ends.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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The good thing is, we have household formation in this country.
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You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes
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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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We've got a wonderful economic formula in this country.
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The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
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If past history was all there was to the game, the richest people would be librarians.
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
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It is impossible to unsign a contract, so do all your thinking before you sign.
Warren Buffett
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Warren Buffett
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
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If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
Warren Buffett