Quote

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Good
Also
Short
Poison
Like
Look
Safe
Investing
Looks
Value
Grown
Forecasters
Children
Term
Behave
Tellers
Even
Values
Kept
Forecasts
Long
Felt
Market
Charlie
Believe
Away
Fortune
Stock
Make
Place
Continue
Locked

More quotes by Warren Buffett

Image
I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
Warren Buffett
Image
We have a country where I don't know whether it's a million households a year or more, but good form.
Warren Buffett
Image
Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
Image
When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
Warren Buffett
Image
I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
Warren Buffett
Image
The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
Warren Buffett
Image
When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
Warren Buffett
Image
What we really want to do is buy businesses that we would be happy to own forever.
Warren Buffett
Image
Making money isn't the backbone of our guiding purpose making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money
Warren Buffett
Image
If you don't know the Jewelry, know the Jeweller
Warren Buffett
Image
The greater the potential for reward in the value portfolio, the less risk there is.
Warren Buffett
Image
Investors should remember that excitement and expenses are their enemies.
Warren Buffett
Image
I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
Warren Buffett
Image
If you hit a hole in one every hole, you wouldn’t play golf for very long.
Warren Buffett
Image
It is better to point out your own mistakes than have somebody else do it.
Warren Buffett
Image
Nothing sedates rationality like large doses of effortless money.
Warren Buffett
Image
Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
Warren Buffett
Image
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Warren Buffett
Image
How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.
Warren Buffett
Image
I always invest in companies an idiot could run, because one day one will.
Warren Buffett