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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
Warren Buffett
You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.
Warren Buffett
The advice you never go broke taking a profit is foolish.
Warren Buffett
When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
Warren Buffett
A stock doesn't know that you own it.
Warren Buffett
It's much easier to stay out of trouble now than to get out of trouble later.
Warren Buffett
In a commodity business, it's very hard to be smarter than your dumbest competitor.
Warren Buffett
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Warren Buffett
... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.
Warren Buffett
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
Warren Buffett
Honesty is a very expensive gift, Don't expect it from cheap people.
Warren Buffett
All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
Warren Buffett
Fear is the foe of the faddist, but the friend of the fundamentalist.
Warren Buffett
As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.
Warren Buffett
Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
Warren Buffett
If you buy things you do not need, soon you will have to sell things you need.
Warren Buffett
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
Warren Buffett
There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
Warren Buffett
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
Warren Buffett