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The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
System
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Afghanistan
Someone
Doctor
Mean
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Good
Doctors
Life
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Teacher
More quotes by Warren Buffett
The ability to say no is a tremendous advantage for an investor.
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The key to success is emotional stability.
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Stocks of companies selling commodity-like products should come with a warning label: Competition may prove hazardous to human wealth.
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If principles can become dated, they're not principles.
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Your money can be inflated away but your knowledge and talent cannot.
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My friends and I have been coddled long enough by a billionaire-friendly Congress.
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
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It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.
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Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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Derivatives are financial weapons of mass destruction.
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Growth and value investing are joined at the hip.
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If past history was all there was to the game, the richest people would be librarians.
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We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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Unless your answers are clearly better, copy the answers of your betters.
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If you don't find a way to make money while you sleep, you will work until you die.
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