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What we really want to do is buy businesses that we would be happy to own forever.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Would
Businesses
Forever
Happy
Really
More quotes by Warren Buffett
I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
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Nothing sedates rationality like large doses of effortless money.
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The secret to happiness is having low expectations.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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In the business world, the rearview mirror is always clearer than the windshield.
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People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
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The smartest side to take in a bidding war is the losing side.
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Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
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I really like my life. I've arranged my life so that I can do what I want.
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I have always cautioned partners that I considered three years a minimum in determining whether we were performing.
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That's the reality of what they're going to sell them to the Treasury for.
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Never depend on single income. Make investment to create a second source.
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The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.
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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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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Investing is simple, but not easy.
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