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You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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What we learn from history is that people don't learn from history.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
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The key to life is to figure out who to be the batboy for.
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Activity is the enemy of investment returns.
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it's a good idea to review past mistakes before committing new ones.
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My father was the best person i've ever known.
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If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
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If you're in a card game and you can't figure out who the patsy is, you're it.
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It is more important to say no to an opportunity, than to say yes.
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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
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We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
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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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Always associate yourself with people who are better than you.
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Forecasts usually tell us more of the forecaster than of the forecast
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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
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Investment ideas, like women are often more exciting than punctual.
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It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.
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The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
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