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Cultivate curiosity and strive to become a little wiser every day.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Strive
Become
Littles
Little
Every
Cultivate
Wiser
Curiosity
More quotes by Warren Buffett
I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
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Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.
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Never get too hung up on mistakes.
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Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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Stop trying to predict the direction of the stock market, the economy or elections.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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Investing is laying out money now to get more money back in the future.
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If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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Traditional wisdom is long on tradition and short on wisdom.
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We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
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A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
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The most important quality for an investor is temperament, not intellect.
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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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People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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The Noah rule: Predicting rain doesn't count building arks does.
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