Quote

If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Office
Five
Lasts
Last
Pricing
Didn
Newspaper
Power
Town
Years
Newspapers
Towns

More quotes by Warren Buffett

Image
If you have a great manager, you want to pay him very well.
Warren Buffett
Image
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
Image
The best thing I did was choose the right heroes.
Warren Buffett
Image
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Warren Buffett
Image
When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
Warren Buffett
Image
You know, with your money and my brains, I mean, there's no telling how far we'd go.
Warren Buffett
Image
I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?
Warren Buffett
Image
You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
Warren Buffett
Image
Investing is the greatest business in the world because you never have to swing. You stand at the plate the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like then, when the fielders are asleep, you step up and hit it.
Warren Buffett
Image
I know the country works extremely well. You know, but when it isn't clogged up.
Warren Buffett
Image
The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
Warren Buffett
Image
An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
Warren Buffett
Image
Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
Warren Buffett
Image
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
Warren Buffett
Image
Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.
Warren Buffett
Image
People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
Warren Buffett
Image
In the world of business, the people who are most successful are those who are doing what they love.
Warren Buffett
Image
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
Image
A fool and his money are soon invited everywhere.
Warren Buffett
Image
Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.
Warren Buffett