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Never give up searching for the job that you're passionate about.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Give
Giving
Never
Searching
Passionate
Jobs
More quotes by Warren Buffett
I want to be able to explain my mistakes. This means I do only the things I completely understand.
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The greater the potential for reward in the value portfolio, the less risk there is.
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I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
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Focus alone is not enough putting in the time to commit is also crucial to achieve success.
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It makes a difference who the treasury secretary is.
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We don't have to be smarter than the rest. We have to be more disciplined than the rest.
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You should look at stocks as small pieces of business.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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If a business does well, the stock eventually follows.
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We make investment decisions based on our evaluation of the most profitable combination of probabilities.
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An ounce of prevention is worth a pound of cure understated.
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You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.
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Cultivate curiosity and strive to become a little wiser every day.
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SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.
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Is management rational?
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The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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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.
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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