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I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Place
Right
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Society
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Another
More quotes by Warren Buffett
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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For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
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Intensity is the price of excellence.
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The thing to do is to keep your mind when the world around you is losing theirs.
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I buy expensive suits - they just look cheap on me.
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What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?
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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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Every company that has an economist working for him has one employee too many.
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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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The extraordinary business does not require good management.
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You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
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You know ... you keep doing the same things and you keep getting the same result over and over again.
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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