Quote

If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

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
Going
Market
Wouldn
Economy
Knew
Happen
Happens
Stock
Stills
Investing
Still
Necessarily

More quotes by Warren Buffett

Image
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
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
The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.
Warren Buffett
Image
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
Warren Buffett
Image
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
Warren Buffett
Image
Do not put all your eggs in one basket.
Warren Buffett
Image
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Warren Buffett
Image
Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
Warren Buffett
Image
There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett
Image
If you want to soar like an eagle in life, you can't be flocking with the turkeys.
Warren Buffett
Image
If a business does well, the stock eventually follows.
Warren Buffett
Image
I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
Warren Buffett
Image
I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
Warren Buffett
Image
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett
Image
We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
Warren Buffett
Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Warren Buffett
Image
It's the deleveraging that's going on right now that has caused the credit crisis.
Warren Buffett
Image
Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
Warren Buffett
Image
The best thing I did was choose the right heroes.
Warren Buffett
Image
When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.
Warren Buffett