Quote

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Crazy
Around
Play
Worthiness
Like
Restored
Virginity
Preserved
Easily
Credit

More quotes by Warren Buffett

Image
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
Warren Buffett
Image
There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
Warren Buffett
Image
What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
Warren Buffett
Image
I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
Warren Buffett
Image
Fear is the foe of the faddist, but the friend of the fundamentalist.
Warren Buffett
Image
People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
Warren Buffett
Image
If you are a professional and have confidence, then I would advocate lots of concentration.
Warren Buffett
Image
I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
Warren Buffett
Image
The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
Warren Buffett
Image
...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
Warren Buffett
Image
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.
Warren Buffett
Image
We look for things I can understand. A lot of businesses I don't understand.
Warren Buffett
Image
Never invest in a business you don't understand.
Warren Buffett
Image
Returns decrease as motion increases.
Warren Buffett
Image
Larger sums may be an advantage at some cases and a disadvantage at others.
Warren Buffett
Image
Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
Warren Buffett
Image
You get in a lot of trouble when you start putting fictitious numbers.
Warren Buffett
Image
We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
Warren Buffett
Image
Be fearful when the markets get greedy, be greedy when the markets get fearful.
Warren Buffett
Image
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
Warren Buffett