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There are certain things that cannot be adequately explained to a virgin either by words or pictures.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Pictures
Either
Words
Cannot
Certain
Adequately
Things
Virgin
Virgins
Explained

More quotes by Warren Buffett

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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
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If past history was all there was to the game, the richest people would be librarians.
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Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
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A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
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Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
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Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices.
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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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Never lie under any circumstances.
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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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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It's never paid to bet against America.
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The advice you never go broke taking a profit is foolish.
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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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For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
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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.
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The most important investment you can make is in yourself... nobody can tax it or take it away from you.
Warren Buffett