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It is more important to say no to an opportunity, than to say yes.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Opportunity
Important
Investing

More quotes by Warren Buffett

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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
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A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
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I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
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It is easier to rationalize than it is to be rational.
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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
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If you buy the things you don't need, you will soon be selling the things that you need.
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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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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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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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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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How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.
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With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock
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I don't measure my life by the money I've made. Other people might, but certainly don't.
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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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If I got a chance to take one percent of the deal either way, I would make that bet.
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When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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