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The best education you can get is investing in yourself, and that doesn't mean college or university.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
University
College
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More quotes by Warren Buffett
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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I get to do what I like to do every single day of the year.
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For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
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... the best way to own common stocks is through an index fund.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.
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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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It's much easier to stay out of trouble now than to get out of trouble later.
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Buy stocks like you buy your groceries, not like you buy your perfume.
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The reaction of weak management to weak operations is often weak accounting.
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Turnarounds seldom turn.
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If I got a chance to take one percent of the deal either way, I would make that bet.
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In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
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Investing is laying out money now to get more money back in the future.
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Derivatives are financial weapons of mass destruction.
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If horses had controlled investment decisions, there would have been no auto industry.
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The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: I'll buy a million dollars' worth of love. But it doesn't work that way. The more you give love away, the more you get.
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Exercise humility and restraint.
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