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The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett
I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
Warren Buffett
Do not put all your eggs in one basket.
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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
Warren Buffett
That's the reality of what they're going to sell them to the Treasury for.
Warren Buffett
I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
Warren Buffett
Exercise humility and restraint.
Warren Buffett
If you don't know the Jewelry, know the Jeweller
Warren Buffett
First come the innovators, then come the imitators, then come the idiots.
Warren Buffett
We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.
Warren Buffett
The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Warren Buffett
Diversification may preserve wealth, but concentration builds wealth.
Warren Buffett
If you can eliminate the government as a 39.6% partner, then you will be much better off.
Warren Buffett
Gold has two significant shortcomings, being neither of much use nor procreative.
Warren Buffett
I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.
Warren Buffett
Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
Warren Buffett
I lose confidence in other people, all kinds of institutions.
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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
Warren Buffett
Other guys read Playboy. I read annual reports.
Warren Buffett