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I think confidence will come back.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Confidence
Back
Come
Think
Thinking
More quotes by Warren Buffett
Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
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If past history was all there was to the game, the richest people would be librarians.
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The secret to happiness is having low expectations.
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Writing a check separates a commitment from a conversation.
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There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
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I am a better investor because I am a businessman, and a better businessman because I am no investor.
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Investing is laying out money now to get more money back in the future.
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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
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Lethargy, bordering on sloth should remain the cornerstone of an investment style.
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My favorite time frame for holding a stock is forever.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
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Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
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You should invest in a business that even a fool can run, because someday a fool will.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
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Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
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It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
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As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
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