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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
Bulls
Market
Sex
Ends
Best
Feels
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Bull

More quotes by Warren Buffett

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It’s not that I want money. It’s the fun of making money and watching it grow.
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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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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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If you have a great manager, you want to pay him very well.
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[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
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The U.S. Treasury has got borrowing costs like nobody else has.
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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.
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The extraordinary business does not require good management.
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There is no perfect mathematical formula for pricing a business.
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There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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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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I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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We're still in a recession. We're not gonna be out of it for a while, but we will get out.
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A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
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You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.
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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
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I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
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