Quote

Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.

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
Make
Always
Tempted
Managers
Promise
Numbers
Point

More quotes by Warren Buffett

Image
People do, as long as you have markets, you'll have excesses.
Warren Buffett
Image
The key to success is emotional stability.
Warren Buffett
Image
I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
Warren Buffett
Image
Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.
Warren Buffett
Image
I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
Warren Buffett
Image
Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
Warren Buffett
Image
It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
Warren Buffett
Image
I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
Warren Buffett
Image
Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
Warren Buffett
Image
Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
Warren Buffett
Image
The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
Warren Buffett
Image
It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
Warren Buffett
Image
Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
Warren Buffett
Image
Investment must be rational if you can't understand it, don't do it.
Warren Buffett
Image
If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
Warren Buffett
Image
Tell me your heroes and I'll tell you how your life will end up
Warren Buffett
Image
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
Warren Buffett
Image
It is impossible to unsign a contract, so do all your thinking before you sign.
Warren Buffett
Image
If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.
Warren Buffett
Image
Larger sums may be an advantage at some cases and a disadvantage at others.
Warren Buffett