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I know that Congress will do the right thing.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Congress
Right
Thing
More quotes by Warren Buffett
I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
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Very successful people say no to almost everything.
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You know ... you keep doing the same things and you keep getting the same result over and over again.
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Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
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The only time to buy these is on a day with no 'y' in it.
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A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
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You need a lot of curiosity for a long, long time.
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[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
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People will always try to stop you from doing the right thing if it is unconventional.
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I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
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Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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