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The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Committee
Committees
Typical
Large
Company
Chihuahuas
Look
Dobermans
Looks
Chihuahua
Compensation
More quotes by Warren Buffett
I want to be able to explain my mistakes. This means I do only the things I completely understand.
Warren Buffett
With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.
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My favorite time frame for holding a stock is forever.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.
Warren Buffett
It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
Warren Buffett
Don't settle for anything other than your passion - if you're lucky enough to find it.
Warren Buffett
I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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There is no question we have an access stock.
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It's easier to create money than to spend it.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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Always invest for the long term.
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A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
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Cash combined with courage in a time of crisis is priceless.
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I lose confidence in other people, all kinds of institutions.
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: I'll buy a million dollars' worth of love. But it doesn't work that way. The more you give love away, the more you get.
Warren Buffett
We have a country where I don't know whether it's a million households a year or more, but good form.
Warren Buffett