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To win, the first thing you have to do is not lose.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Thing
Lose
Loses
Winning
Firsts
First
More quotes by Warren Buffett
We continue to make more money when snoring than when active.
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The thing to do is to keep your mind when the world around you is losing theirs.
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Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error
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You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.
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Don't settle for anything other than your passion - if you're lucky enough to find it.
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If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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People should always know better.
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We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
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The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.
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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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Read 500 pages every day. That's how knowledge works. It builds up like compound interest.
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Stop trying to predict the direction of the stock market, the economy or elections.
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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It's a big mistake to try and mislead people. They will turn around.
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Remember that the stock market is manic-depressive.
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Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
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Valuing a business is part art and part science.
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You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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