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You could be somewhere where the mail was delayed three weeks and do just fine investing.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Delayed
Mail
Weeks
Investing
Somewhere
Fine
Week
Three
More quotes by Warren Buffett
We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.
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Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
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The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
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I don't think you can have a better secretary of the Treasury than Hank Paulson.
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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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Knowing what to leave out is just as important as knowing what to focus on.
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Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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I don't measure my life by the money I've made. Other people might, but certainly don't.
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When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that means the whole country is basically at the point virtually, or a lot of the country is at the point of putting the money under the mattress.
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It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
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Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
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... the best way to own common stocks is through an index fund.
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So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
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Diversification may preserve wealth, but concentration builds wealth.
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Do not take yearly results too seriously. Instead, focus on four or five-year averages.
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What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.
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In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.
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