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A bull market is like sex. It feels best just before it ends.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Best
Feels
Like
Bull
Bulls
Market
Sex
Ends
More quotes by Warren Buffett
Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
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The difference between successful people and really successful people is that really successful people say no to almost everything.
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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
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I buy expensive suits - they just look cheap on me.
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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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Never depend on a single source of income.
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Taking jobs to build up your resume is the same as saving up sex for old age.
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Don't settle for anything other than your passion - if you're lucky enough to find it.
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There's no use running if you're on the wrong road.
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.
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Inflation could be a very - is a likely consequence out of what's going on now.
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I'm putting all my money in the Chinese toy market.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.
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Our approach is very much profiting from lack of change rather than from change.
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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