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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
People will always try to stop you from doing the right thing if it is unconventional.
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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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Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
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You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
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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.
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Success in investing doesn’t correlate with I.Q. Once you are above the level of 25 once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
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A Company should be viewed as an unfolding movie, not as a still photograph
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
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I don't read economic forecasts. I don't read the funny papers.
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Learning how to live is much more important than learning how to make a living.
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It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
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There is no perfect mathematical formula for pricing a business.
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
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I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.
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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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It is madness to risk losing what you need in pursuing what you simply desire.
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A bull market is like sex. It feels best just before it ends.
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We're perfectly willing to trade away a big payoff for a certain payoff.
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If you don't find a way to make money while you sleep, you will work until you die.
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