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Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Needs
Taught
Think
Courses
Thinking
Values
Business
Prices
Two
Investment
Wells
Market
Well
Students
Need
Value

More quotes by Warren Buffett

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You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
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We like to buy businesses, but we don't like to sell them.
Warren Buffett
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One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
Warren Buffett
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First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
Warren Buffett
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Traditional wisdom is long on tradition and short on wisdom.
Warren Buffett
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
Warren Buffett
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
Warren Buffett
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My father was the best person i've ever known.
Warren Buffett
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
Warren Buffett
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The only time to buy these is on a day with no 'y' in it.
Warren Buffett
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When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
Warren Buffett
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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.
Warren Buffett
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We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.
Warren Buffett
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I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
Warren Buffett
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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren Buffett
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Money will not change how healthy you are or how many people love you.
Warren Buffett
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
Warren Buffett
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I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.
Warren Buffett
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Equities will do well over time - you just have to avoid getting excited when other people are getting excited.
Warren Buffett
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Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
Warren Buffett