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Too often, a vast collection of possessions ends up possessing its owner.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Possessions
Collection
Collections
Owners
Vast
Possession
Buffets
Often
Owner
Ends
Possessing
More quotes by Warren Buffett
Inactivity strikes us as intelligent behavior.
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Never test the depth of river with both the feet.
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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
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When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.
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The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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If you buy the things you don't need, you will soon be selling the things that you need.
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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
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If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.
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I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.
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It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.
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I know what I want to do and it makes sense to get going.
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You only have to do a very few things right in your life so long as you don't do too many things wrong.
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I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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The U.S. Treasury has got borrowing costs like nobody else has.
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I always knew I was going to be rich. I don't think I ever doubted it for a minute.
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Buy into a company because you want to own it, not because you want the stock to go up.
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The smarter the journalists are, the better off society is.
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Basically, the single-most important decision in evaluating a business is pricing power.
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