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I'll take the deal, whatever you want to do.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Deal
Deals
Whatever
Take
More quotes by Warren Buffett
Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
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I learned to go into business only with people whom I like, trust, and admire.
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The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
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Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
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I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.
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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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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
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When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
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The good thing is, we have household formation in this country.
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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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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: I'll buy a million dollars' worth of love. But it doesn't work that way. The more you give love away, the more you get.
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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
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