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There's no use running if you're on the wrong road.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Road
Wrong
Use
Running
More quotes by Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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I learned to go into business only with people whom I like, trust, and admire.
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Buy companies with strong histories of profitability and with a dominant business franchise.
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Does the business have a consistent operating history?
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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
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I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.
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Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
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Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not stocks, and if the business does all right over the long term, so will the stock.
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Too often, a vast collection of possessions ends up possessing its owner.
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Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
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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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We would do best in a market where everyone acted foolishly.
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The dumbest reason in the world to buy a stock is because it's going up.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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It irritates the hell out of me but you can't buy love.
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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