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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
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Communicate
People
Probably
Talk
Write
School
More quotes by Warren Buffett
A CEO's behavior has a huge impact on managers down the line.
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It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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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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If you don't make mistakes you can't make decisions.
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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A fool and his money are soon invited everywhere.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.
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Occasionally, a man must rise above principles.
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I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.
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Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
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Money will not change how healthy you are or how many people love you.
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I lose confidence in other people, all kinds of institutions.
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We've got all the ingredients for a sensational future.
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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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It makes a difference who the treasury secretary is.
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
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