Quote

You pay a very high price in the stock market for a cheery consensus.

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
Market
Pay
High
Cheery
Consensus
Stock
Price

More quotes by Warren Buffett

Image
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.
Warren Buffett
Image
I have always cautioned partners that I considered three years a minimum in determining whether we were performing.
Warren Buffett
Image
Failing conventionally is the route to go as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
Warren Buffett
Image
We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
Warren Buffett
Image
I look at everything. That's my job. I really do, every day. I think about everything.
Warren Buffett
Image
Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett
Image
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
Warren Buffett
Image
We will reject interesting opportunities rather than over-leverage our balance sheet.
Warren Buffett
Image
If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
Image
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
Warren Buffett
Image
I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
Warren Buffett
Image
If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
Warren Buffett
Image
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
Warren Buffett
Image
The good thing is, we have household formation in this country.
Warren Buffett
Image
The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
Image
If you want to soar like an eagle in life, you can't be flocking with the turkeys.
Warren Buffett
Image
If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
Warren Buffett
Image
Problems in a company are like cockroaches in the kitchen. You will never find just one
Warren Buffett
Image
SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.
Warren Buffett
Image
Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.
Warren Buffett