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
Way
Temperament
Qualities
Investing
Intellect
Requires
Quality

More quotes by Warren Buffett

Image
Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
Image
Gold has two significant shortcomings, being neither of much use nor procreative.
Warren Buffett
Image
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.
Warren Buffett
Image
A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.
Warren Buffett
Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
Warren Buffett
Image
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett
Image
We like to buy businesses, but we don't like to sell them.
Warren Buffett
Image
Banking is very good business if you don't do anything dumb.
Warren Buffett
Image
I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
Warren Buffett
Image
You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
Warren Buffett
Image
What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.
Warren Buffett
Image
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
Warren Buffett
Image
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
Warren Buffett
Image
If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.
Warren Buffett
Image
I made my first investment at age eleven. I was wasting my life up until then.
Warren Buffett
Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
Warren Buffett
Image
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.
Warren Buffett
Image
Turnarounds seldom turn.
Warren Buffett
Image
The trick is, when there is nothing to do, do nothing.
Warren Buffett
Image
The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
Warren Buffett