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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
Trying
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Waking
Games
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Less
Figures
Order
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Littles
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Twelve
More quotes by Warren Buffett
The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
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Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.
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I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.
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In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
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Never test the depth of river with both the feet.
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As far as you are concerned, the stock market does not exist. Ignore it.
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Stocks of companies selling commodity-like products should come with a warning label: Competition may prove hazardous to human wealth.
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You can't produce a baby in one month by getting nine women pregnant.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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Larger sums may be an advantage at some cases and a disadvantage at others.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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The U.S. Treasury has got borrowing costs like nobody else has.
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If you're in a card game and you can't figure out who the patsy is, you're it.
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The smartest side to take in a bidding war is the losing side.
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I'm putting all my money in the Chinese toy market.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
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It's us fun being a horse when the tractor comes along, or the blacksmith when the car comes along.
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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
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Be brave when others are afraid, and afraid when others are brave.
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