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If book knowledge made great investors, than the librarians would all be rich.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investors
Rich
Knowledge
Book
Great
Made
Would
Librarians
Librarian

More quotes by Warren Buffett

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... not doing what we love in the name of greed is very poor management of our lives.
Warren Buffett
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I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
Warren Buffett
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People do, as long as you have markets, you'll have excesses.
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It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.
Warren Buffett
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If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
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We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.
Warren Buffett
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My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
Warren Buffett
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
Warren Buffett
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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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Learning how to live is much more important than learning how to make a living.
Warren Buffett
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We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
Warren Buffett
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When the brothel burns down, even the pretty girls have to run out.
Warren Buffett
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
Warren Buffett
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A public-opinion poll is no substitute for thought.
Warren Buffett
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Forecasts may tell you a great deal about the forecaster they tell you nothing about the future.
Warren Buffett
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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
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Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
Warren Buffett
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I really like my life. I've arranged my life so that I can do what I want.
Warren Buffett
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I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
Warren Buffett
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Does management resist the institutional imperative?
Warren Buffett