Quote

I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.

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
Really
Learn
Math
Always
Business
Useful
Things
Two
Investment
Today
Aspect
May
Interested
Thing
Wonderful
Cumulative
Much
Understanding
Investments
Years
Knowledge
Aspects

More quotes by Warren Buffett

Image
I'm putting all my money in the Chinese toy market.
Warren Buffett
Image
In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.
Warren Buffett
Image
... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.
Warren Buffett
Image
Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
Warren Buffett
Image
In economics, you always want to ask 'And then what?'
Warren Buffett
Image
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
Warren Buffett
Image
If you have a harem of 40 women, you never get to know any of them very well.
Warren Buffett
Image
I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
Warren Buffett
Image
Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.
Warren Buffett
Image
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren Buffett
Image
You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
Warren Buffett
Image
Very successful people say no to almost everything.
Warren Buffett
Image
What's going to happen - things we're doing are going to have some inflationary consequences.
Warren Buffett
Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
Warren Buffett
Image
It's the deleveraging that's going on right now that has caused the credit crisis.
Warren Buffett
Image
We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as focused investing.
Warren Buffett
Image
I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
Warren Buffett
Image
Be fearful when the markets get greedy, be greedy when the markets get fearful.
Warren Buffett
Image
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
Image
The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
Warren Buffett