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Stocks are the only thing that people are happy to buy when the price goes up.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Goes
Happy
Thing
People
Stocks
Price
More quotes by Warren Buffett
Gold has two significant shortcomings, being neither of much use nor procreative.
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If at first you do succeed, quit trying on investing.
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What the wise do in the beginning, fools do in the end.
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There's no use running if you're on the wrong road.
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Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
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If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
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Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
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Nothing sedates rationality like large doses of effortless money.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
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We will only do with your money what we would do with our own.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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Invest in as much of yourself as you can, you are your own biggest asset by far.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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