Quote

When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it.

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
Understand
Look
Looks
Take
Annuals
Annual
Report
Reports
Company

More quotes by Warren Buffett

Image
The plan itself is opportunism. There is no plan before that.
Warren Buffett
Image
The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
Warren Buffett
Image
When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
Image
Wall Street makes its money on activity. You make your money on inactivity.
Warren Buffett
Image
You can lose leverage, and it's the only way a smart guy can go broke.
Warren Buffett
Image
If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
Warren Buffett
Image
I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
Warren Buffett
Image
To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.
Warren Buffett
Image
You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
Warren Buffett
Image
The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
Warren Buffett
Image
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
Warren Buffett
Image
Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
Warren Buffett
Image
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
Warren Buffett
Image
I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?
Warren Buffett
Image
The U.S. Treasury has got borrowing costs like nobody else has.
Warren Buffett
Image
The best thing I did was choose the right heroes.
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
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
Image
When investing, pessimism is your friend, euphoria the enemy.
Warren Buffett
Image
We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
Warren Buffett