Quote

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

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
Honest
Businesses
Running
Investing
Able
Decent
Look
Excellent
Looks
Economics
Trying
Price
People
Focused
Securities
Security
Diversification

More quotes by Warren Buffett

Image
Buy companies with strong histories of profitability and with a dominant business franchise.
Warren Buffett
Image
I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
Warren Buffett
Image
You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
Image
We always live in an uncertain world. What is certain is that the United States will go forward over time.
Warren Buffett
Image
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
Warren Buffett
Image
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
Warren Buffett
Image
Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
Warren Buffett
Image
Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
Warren Buffett
Image
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.
Warren Buffett
Image
Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.
Warren Buffett
Image
The only time to buy these is on a day with no 'y' in it.
Warren Buffett
Image
The U.S. Treasury has got borrowing costs like nobody else has.
Warren Buffett
Image
... 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
Image
Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
Warren Buffett
Image
OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.
Warren Buffett
Image
Never be afraid to ask for too much when selling or offer too little when buying.
Warren Buffett
Image
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
Image
Benign neglect, bordering on sloth, remains the hallmark of our investment process.
Warren Buffett
Image
You can be sure that over the next 10 years, you'll see something that you did not think was possible.
Warren Buffett
Image
There is no perfect mathematical formula for pricing a business.
Warren Buffett