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He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Dies
Forget
Tell
Must
Going
Never
Plea
Charlie

More quotes by Warren Buffett

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Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
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If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
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Sound investing can make you very wealthy if you're not in too big a hurry
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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This country is going - be living better ten years from now than it is now. It will be living better in 20 years from now than ten years from now. The ingredients that made this country, you know, the miracle of the world - I mean we had a seven for one improvement in the average American standard of living in the 20th century.
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Investing requires qualities of temperament way more than it requires qualities of intellect.
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The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it.
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Stocks are the only thing that people are happy to buy when the price goes up.
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You pay a very high price in the stock market for a cheery consensus.
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
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It's much easier to stay out of trouble now than to get out of trouble later.
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We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.
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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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It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
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In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
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... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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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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