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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Investor
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
Money will always flow toward opportunity, and there is an abundance of that in America.
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Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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It's easier to create money than to spend it.
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We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
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If horses had controlled investment decisions, there would have been no auto industry.
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Never be afraid to ask for too much when selling or offer too little when buying.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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We will reject interesting opportunities rather than over-leverage our balance sheet.
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We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
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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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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
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What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.
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The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Banking is very good business if you don't do anything dumb.
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