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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Shred
Afford
Reputation
Lose
Loses
Money
Even
More quotes by Warren Buffett
Lethargy, bordering on sloth should remain the cornerstone of an investment style.
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It's never paid to bet against America. We come through things, but its not always a smooth ride.
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I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Buy a business, don't rent stocks.
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Be fearful when there is greed and be greedy when there is fear.
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Exercise humility and restraint.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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I really like my life. I've arranged my life so that I can do what I want.
Warren Buffett
I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.
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I look at everything. That's my job. I really do, every day. I think about everything.
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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It's a big mistake to try and mislead people. They will turn around.
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Other guys read Playboy. I read annual reports.
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
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It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
Warren Buffett
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
Warren Buffett
