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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
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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More quotes by Warren Buffett
If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.
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I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
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You pay a very high price in the stock market for a cheery consensus.
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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 look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.
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With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
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If principles can become dated, they're not principles.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.
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In the world of business, the people who are most successful are those who are doing what they love.
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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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I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
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I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.
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We will only do with your money what we would do with our own.
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I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.
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The wise man once said invest young
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Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
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Forecasts may tell you a great deal about the forecaster they tell you nothing about the future.
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The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
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