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Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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System
Thinking
Economy
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Maybe
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Littles
Better
Little
Perfectly
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Bits
More quotes by Warren Buffett
The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
Warren Buffett
Diversification may preserve wealth, but concentration builds wealth.
Warren Buffett
Never depend on a single source of income.
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I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
Warren Buffett
We don't get paid for being busy, we get paid for being right.
Warren Buffett
It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.
Warren Buffett
Invest in as much of yourself as you can, you are your own biggest asset by far.
Warren Buffett
I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.
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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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We don't have to be smarter than the rest. We have to be more disciplined than the rest.
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The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
Warren Buffett
Your money can be inflated away but your knowledge and talent cannot.
Warren Buffett
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
Warren Buffett
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
Warren Buffett
It is madness to risk losing what you need in pursuing what you simply desire.
Warren Buffett
We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
Warren Buffett
I lose confidence in other people, all kinds of institutions.
Warren Buffett
If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.
Warren Buffett
Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
Warren Buffett
