Quote

What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?

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
Whether
Selection
Energy
Stock
Thinking
Bridges
Opponents
Chess
Advantageous
Waste
Contest
Intellectual
Contests
Taught
Bridge

More quotes by Warren Buffett

Image
Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
Warren Buffett
Image
A public-opinion poll is no substitute for thought.
Warren Buffett
Image
it's a good idea to review past mistakes before committing new ones.
Warren Buffett
Image
Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
Warren Buffett
Image
Gold has two significant shortcomings, being neither of much use nor procreative.
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
It's the deleveraging that's going on right now that has caused the credit crisis.
Warren Buffett
Image
It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
Warren Buffett
Image
I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
Warren Buffett
Image
America should stand for more than just wealth.
Warren Buffett
Image
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not stocks, and if the business does all right over the long term, so will the stock.
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
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.
Warren Buffett
Image
I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
Warren Buffett
Image
I'm putting all my money in the Chinese toy market.
Warren Buffett
Image
Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
Warren Buffett
Image
We don't read other people's opinions. We want to get the facts, and then think.
Warren Buffett
Image
That which is not worth doing at all is not worth doing well.
Warren Buffett
Image
Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
Warren Buffett
Image
In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
Warren Buffett