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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Best
Things
People
Happiest
Necessarily
Appreciate
Simply
Happy
More quotes by Warren Buffett
If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
Warren Buffett
It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.
Warren Buffett
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.
Warren Buffett
You get in a lot of trouble when you start putting fictitious numbers.
Warren Buffett
It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.
Warren Buffett
If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
A stock doesn't know that you own it.
Warren Buffett
We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
Warren Buffett
The rich invest in time, the poor invest in money.
Warren Buffett
Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
Warren Buffett
Buy companies with strong histories of profitability and with a dominant business franchise.
Warren Buffett
Ignore the stock market, ignore the economy, and buy a business you understand.
Warren Buffett
We don't read other people's opinions. We want to get the facts, and then think.
Warren Buffett
If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
Warren Buffett
If knowing history made you rich, librarians would be billionaires.
Warren Buffett
A very rich person should leave his kids enough to do anything, but not enough to do nothing.
Warren Buffett
Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.
Warren Buffett
Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about.
Warren Buffett
If you have a harem of 40 women, you never get to know any of them very well.
Warren Buffett
The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.
Warren Buffett
