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The key to success is emotional stability.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Stability
Keys
Emotional
Success
More quotes by Warren Buffett
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.
Warren Buffett
I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to combine that with what's going through now, I think what is needed now is liquidity.
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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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The best education you can get is investing in yourself, and that doesn't mean college or university.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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In the insurance business, there is no statute of limitation on stupidity.
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The key to life is to figure out who to be the batboy for.
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It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
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A lot of people disagree with me on this, I believe in mark to market.
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First come the innovators, then come the imitators, then come the idiots.
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The American worker is more productive than he's ever been.
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I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
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Good profits simply are not inconsistent with good behavior.
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I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
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In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.
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The best investment you can make is in yourself.
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Money will not change how healthy you are or how many people love you.
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