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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
Curiosity
Strive
Become
Littles
Little
Every
Cultivate
Wiser
More quotes by Warren Buffett
A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well
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If I got a chance to take one percent of the deal either way, I would make that bet.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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Valuing a business is part art and part science.
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I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
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What we learn from history is that people don't learn from history.
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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.
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I buy expensive suits - they just look cheap on me.
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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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They [Goverment] take from the woman who comes in and takes the wastebaskets out.
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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
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Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.
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If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
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Does the business have favourable long term prospects?
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The key to life is to figure out who to be the batboy for.
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If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
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Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
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I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
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You do not adequately protect yourself by being half awake when other are sleeping.
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