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Intensity is the price of excellence.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Intensity
Excellence
Price
More quotes by Warren Buffett
The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
Warren Buffett
I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
Warren Buffett
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
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If at first you do succeed, quit trying on investing.
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Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
Warren Buffett
Growth and value investing are joined at the hip.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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Does the business have a consistent operating history?
Warren Buffett
If you can eliminate the government as a 39.6% partner, then you will be much better off.
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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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I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.
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Risk can be greatly reduced by concentrating on only a few holdings.
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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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As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
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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
A bull market is like sex. It feels best just before it ends.
Warren Buffett
If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
Warren Buffett
It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
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