Quote

I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Time
Ten
Think
Internet
Wrigley
Thinking
Change
Gum
Like
Look
Chew
People
Looks
Chewing
Take
Predict
Going
Businesses
Years
Fifteen

More quotes by Warren Buffett

Image
If you don't know jewelry, know the jeweler.
Warren Buffett
Image
I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.
Warren Buffett
Image
I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.
Warren Buffett
Image
If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
Warren Buffett
Image
I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
Warren Buffett
Image
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
Warren Buffett
Image
We're perfectly willing to trade away a big payoff for a certain payoff.
Warren Buffett
Image
The smartest side to take in a bidding war is the losing side.
Warren Buffett
Image
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
Warren Buffett
Image
Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
Warren Buffett
Image
In the end we must have people to match our principles, not the reverse.
Warren Buffett
Image
The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
Image
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett
Image
The future is never clear you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
Warren Buffett
Image
We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
Warren Buffett
Image
When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.
Warren Buffett
Image
I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
Warren Buffett
Image
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
Warren Buffett
Image
An investor needs to do very few things right as long as he or she avoids big mistakes.
Warren Buffett
Image
I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
Warren Buffett