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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
People
Potential
Communicate
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Talk
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The Fed is the greatest hedge fund in history.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
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If I subscribed to the efficient market theory I would still be delivering papers
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Too often, a vast collection of possessions ends up possessing its owner.
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I really like my life. I've arranged my life so that I can do what I want.
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If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
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If you buy things you do not need, soon you will have to sell things you need.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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We look for things I can understand. A lot of businesses I don't understand.
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The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.
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If you can eliminate the government as a 39.6% partner, then you will be much better off.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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I am a better investor because I am a businessman, and a better businessman because I am no investor.
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The greater the potential for reward in the value portfolio, the less risk there is.
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Remember that the stock market is manic-depressive.
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