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Other guys read Playboy. I read annual reports.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Annuals
Annual
Playboy
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More quotes by Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
Warren Buffett
Accounting is the language of business.
Warren Buffett
Never invest in a business you can't understand
Warren Buffett
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
Warren Buffett
When it's raining gold, reach for a bucket, not a thimble.
Warren Buffett
Ignore the stock market, ignore the economy, and buy a business you understand.
Warren Buffett
Very successful people say no to almost everything.
Warren Buffett
Calculate owner earnings to get a true reflection of value.
Warren Buffett
Never give up searching for the job that you're passionate about.
Warren Buffett
We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
Warren Buffett
I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
Warren Buffett
Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
Warren Buffett
Never test the depth of river with both the feet.
Warren Buffett
The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.
Warren Buffett
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
An investor needs to do very few things right as long as he or she avoids big mistakes.
Warren Buffett
I have always cautioned partners that I considered three years a minimum in determining whether we were performing.
Warren Buffett
Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
Warren Buffett
Intensity is the price of excellence.
Warren Buffett