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We would do best in a market where everyone acted foolishly.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Would
Foolishly
Acted
Investing
Market
Everyone
Best
More quotes by Warren Buffett
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.
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The smarter the journalists are, the better off society is.
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If you don't make mistakes you can't make decisions.
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It makes a difference who the treasury secretary is.
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But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.
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The rich invest in time, the poor invest in money.
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You can be sure that over the next 10 years, you'll see something that you did not think was possible.
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An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
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There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.
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Investors should remember that excitement and expenses are their enemies.
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You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
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Inactivity strikes us as intelligent behavior.
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My idea of a group decision is to look in the mirror.
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If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.
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Your premium brand had better be delivering something special, or it's not going to get the business.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
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The most important quality for an investor is temperament, not intellect.
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