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Investment ideas, like women are often more exciting than punctual.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Exciting
Often
Women
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Investment
More quotes by Warren Buffett
You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
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It is more important to say no to an opportunity, than to say yes.
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An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.
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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
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A fool and his money are soon invited everywhere.
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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
Warren Buffett
Calculate owner earnings to get a true reflection of value.
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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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Always invest for the long term.
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Do not take yearly results too seriously. Instead, focus on four or five-year averages.
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I don't measure my life by the money I've made. Other people might, but certainly don't.
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The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
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I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
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Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett
Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without 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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