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You know, with your money and my brains, I mean, there's no telling how far we'd go.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Telling
Brain
Money
Mean
Brains
More quotes by Warren Buffett
Don't settle for anything other than your passion - if you're lucky enough to find it.
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I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
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Valuing a business is part art and part science.
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There is no perfect mathematical formula for pricing a business.
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He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.
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It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.
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The best thing I did was choose the right heroes.
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Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.
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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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A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.
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I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
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Focus on your customers and lead your people as though their lives depend on your success.
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The Fed is the greatest hedge fund in history.
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Cash combined with courage in a time of crisis is priceless.
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Take the job you would take if you were independently wealthy. You're going to do well at it.
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In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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Focus on return on equity, not earnings per share.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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