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We don't read other people's opinions. We want to get the facts, and then think.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Fear is the foe of the faddist, but the friend of the fundamentalist.
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I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
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A public-opinion poll is no substitute for thought.
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We've got more productive capacity now than we ever have.
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Emotional makeup is more important than technical skill
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We like to buy businesses, but we don't like to sell them.
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What's going to happen - things we're doing are going to have some inflationary consequences.
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The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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