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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Make
Pretty
Future
Better
Capita
Wells
Darn
Well
Investments
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More quotes by Warren Buffett
If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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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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The best thing I did was choose the right heroes.
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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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The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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You should look at stocks as small pieces of business.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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Basically, the single-most important decision in evaluating a business is pricing power.
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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
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We don't read other people's opinions. We want to get the facts, and then think.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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