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It is impossible to unsign a contract, so do all your thinking before you sign.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Contract
Contracts
Sign
Impossible
Thinking
More quotes by Warren Buffett
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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People should always know better.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
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If knowing history made you rich, librarians would be billionaires.
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When people talk about cash being king, it's not king if it just sits there and never does anything.
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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An ounce of prevention is worth a pound of cure understated.
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Every company that has an economist working for him has one employee too many.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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The secret to happiness is having low expectations.
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I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.
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Traditional wisdom is long on tradition and short on wisdom.
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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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