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Take the job you would take if you were independently wealthy. You're going to do well at it.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Would
Independently
Wealthy
Jobs
Wells
Well
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Take
Going
More quotes by Warren Buffett
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
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I've often felt there might be more to be gained by studying business failures than business successes.
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The ability to say no is a tremendous advantage for an investor.
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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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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.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
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If knowing history made you rich, librarians would be billionaires.
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The smarter the journalists are, the better off society is.
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
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The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
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Taking jobs to build up your resume is the same as saving up sex for old age.
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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
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It is easier to rationalize than it is to be rational.
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We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
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If horses had controlled investment decisions, there would have been no auto industry.
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