Quote

Never invest in a business you don't understand.

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
Invest
Understand
Business
Never

More quotes by Warren Buffett

Image
Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett
Image
We don't get paid for being busy, we get paid for being right.
Warren Buffett
Image
We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
Warren Buffett
Image
Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
Warren Buffett
Image
I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
Warren Buffett
Image
At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
Warren Buffett
Image
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Warren Buffett
Image
A CEO's behavior has a huge impact on managers down the line.
Warren Buffett
Image
I get to do what I like to do every single day of the year.
Warren Buffett
Image
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
Image
If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
Warren Buffett
Image
You don't have to be a genius to invest well
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
It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
Warren Buffett
Image
Be brave when others are afraid, and afraid when others are brave.
Warren Buffett
Image
I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
Warren Buffett
Image
I can't promise results, but I can promise a common destiny.
Warren Buffett
Image
Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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
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