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We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
People
Businesses
Sensible
Economics
Honest
Running
Able
Superb
Trying
Underlying
Good
Prices
More quotes by Warren Buffett
I don't like what's going on with the executive compensation.
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You can't produce a baby in one month by getting nine women pregnant.
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They [Goverment] take from the woman who comes in and takes the wastebaskets out.
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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
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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.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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The trick is, when there is nothing to do, do nothing.
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We've got all the ingredients for a sensational future.
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
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I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
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Energy deregulation will be the largest transfer of wealth in history.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
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Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
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Very successful people say no to almost everything.
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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.
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