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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
Time
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Successful
Society
Money
Another
Place
Right
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Lucky
More quotes by Warren Buffett
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25 once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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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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I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
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I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.
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That which is not worth doing at all is not worth doing well.
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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
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I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
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It's easier to create money than to spend it.
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Forecasts usually tell us more of the forecaster than of the forecast
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The ability to say no is a tremendous advantage for an investor.
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The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
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There is no substitute for a local newspaper that is doing its job.
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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Uncertainty is the friend of the buyer of long term values.
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It is not necessary to do extraordinary things to get extraordinary results.
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Taking jobs to build up your resume is the same as saving up sex for old age.
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An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
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