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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Talk
Write
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Schools
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Potential
Life
Communicate
People
Probably
More quotes by Warren Buffett
I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
Warren Buffett
The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
Warren Buffett
If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
Warren Buffett
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.
Warren Buffett
I've never been very fully employed either.
Warren Buffett
An investor should act as though he had a lifetime decision card with just twenty punches on it.
Warren Buffett
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
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
Warren Buffett
The difference between successful people and really successful people is that really successful people say no to almost everything.
Warren Buffett
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.
Warren Buffett
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
Warren Buffett
You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
Warren Buffett
When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
It's a big mistake to try and mislead people. They will turn around.
Warren Buffett
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
Warren Buffett
The single most important decision in evaluating a business is pricing power.
Warren Buffett
We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as focused investing.
Warren Buffett
Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
Warren Buffett
We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
Warren Buffett
Earnings can be pliable as putty when a charlatan heads the company reporting them.
Warren Buffett