Quote

I have always cautioned partners that I considered three years a minimum in determining whether we were performing.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Whether
Three
Years
Cautioned
Always
Determining
Minimum
Partners
Performing
Considered

More quotes by Warren Buffett

Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
Warren Buffett
Image
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
Warren Buffett
Image
Focus on return on equity, not earnings per share.
Warren Buffett
Image
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.
Warren Buffett
Image
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
Warren Buffett
Image
The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
Warren Buffett
Image
Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
Warren Buffett
Image
An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
Warren Buffett
Image
A public-opinion poll is no substitute for thought.
Warren Buffett
Image
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.
Warren Buffett
Image
Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.
Warren Buffett
Image
With enough insider information and a million dollars, you can go broke in a year.
Warren Buffett
Image
I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.
Warren Buffett
Image
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
Warren Buffett
Image
You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.
Warren Buffett
Image
We're perfectly willing to trade away a big payoff for a certain payoff.
Warren Buffett
Image
I have three boxes on my desk: In, Out, and Too Hard.
Warren Buffett
Image
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
Warren Buffett
Image
It’s not that I want money. It’s the fun of making money and watching it grow.
Warren Buffett
Image
The difference between successful people and really successful people is that really successful people say no to almost everything.
Warren Buffett