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There is no staff. I make all the investment decisions and I do all my own analysis.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Decision
Make
Staff
Analysis
Investment
Decisions
More quotes by Warren Buffett
I buy expensive suits - they just look cheap on me.
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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.
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The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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Don't settle for anything other than your passion - if you're lucky enough to find it.
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Stop trying to predict the direction of the stock market, the economy or elections.
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Inactivity strikes us as intelligent behavior.
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So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
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We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.
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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
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An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.
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We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.
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It's much easier to stay out of trouble now than to get out of trouble later.
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You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
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What we learn from history is that people don't learn from history.
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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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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
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I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.
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