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I think people - what people want to do is make [economy] get worse.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Worse
Economy
Make
Think
Thinking
People
More quotes by Warren Buffett
If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
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Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error
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Inflation could be a very - is a likely consequence out of what's going on now.
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When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
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The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.
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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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I know that Congress will do the right thing.
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A public-opinion poll is no substitute for thought.
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A fool and his money are soon invited everywhere.
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
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Returns decrease as motion increases.
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In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.
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It's just that right now the athlete's on the floor. But we - this is a super athlete.
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A Company should be viewed as an unfolding movie, not as a still photograph
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In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
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You only have to do a very few things right in your life so long as you don't do too many things wrong.
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The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
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