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If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Probably
Ideas
Good
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Think
Overdo
Thinking
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Glad
System
More quotes by Warren Buffett
I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
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What the wise do in the beginning, fools do in the end.
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I can't promise results, but I can promise a common destiny.
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Diversification may preserve wealth, but concentration builds wealth.
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If principles can become dated, they're not principles.
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Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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I always knew I was going to be rich. I don't think I ever doubted it for a minute.
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I think any time you couple the term Wall Street with bailout or something like that, you know - I don't like what's going on in Wall Street.
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We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as focused investing.
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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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A hyperactive stock market is the pickpocket of enterprise.
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If you cannot control your emotions, you cannot control your money.
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I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.
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Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
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Accounting is the language of business.
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