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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
Necessarily
Appreciate
Simply
Happy
Best
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People
Happiest
More quotes by Warren Buffett
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
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Fund consultants like to require style boxes such as long-short, macro, international equities. At Berkshire our only style box is smart.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
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You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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Nothing sedates rationality like large doses of effortless money.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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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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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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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.
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If knowing history made you rich, librarians would be billionaires.
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When they get their ego involved, people do things they shouldn't do.
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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It is easier to rationalize than it is to be rational.
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