Quote

Investing requires qualities of temperament way more than it requires qualities of intellect.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
Intellect
Requires
Quality
Way
Temperament
Qualities

More quotes by Warren Buffett

Image
The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.
Warren Buffett
Image
The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
Warren Buffett
Image
I think that actually people in my situation should be paying more tax.
Warren Buffett
Image
But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.
Warren Buffett
Image
Our favorite holding period is forever.
Warren Buffett
Image
Does the business have favourable long term prospects?
Warren Buffett
Image
The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
Warren Buffett
Image
I've often felt there might be more to be gained by studying business failures than business successes.
Warren Buffett
Image
Risk is a part of God's game, alike for men and nations.
Warren Buffett
Image
It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
Warren Buffett
Image
Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
Warren Buffett
Image
In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Warren Buffett
Image
The wise man once said invest young
Warren Buffett
Image
I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
Warren Buffett
Image
It makes a difference who the treasury secretary is.
Warren Buffett
Image
I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren Buffett
Image
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett
Image
I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
Warren Buffett
Image
Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
Warren Buffett
Image
He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.
Warren Buffett