Warren Buffett Quotes, Philosophy Quotes, Loss Quotes

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

5 years ago

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Tags : Warren Buffett Quotes , Philosophy Quotes , Loss Quotes

If principles can become dated, they're not principles.

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Tags : Warren Buffett Quotes , Life Quotes , Generosity Quotes

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.

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Tags : Warren Buffett Quotes , Zero Quotes , Smart Quotes

If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.

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Tags : Warren Buffett Quotes , Thinking Quotes , Age Quotes

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

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Tags : Warren Buffett Quotes , Opportunity Quotes , Encounters Quotes

What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth - for a while.

5 years ago

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Tags : Warren Buffett Quotes , Party Quotes , Past Quotes

Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses

5 years ago

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Tags : Warren Buffett Quotes , Real Quotes , Growth Quotes

Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.

5 years ago

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Tags : Warren Buffett Quotes , Fashion Quotes , Hands Quotes

The important thing is to keep playing, to play against weak opponents and to play for big stakes.

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Tags : Warren Buffett Quotes , Play Quotes , Important Quotes

I made my first investment at age eleven. I was wasting my life up until then.

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Tags : Warren Buffett Quotes , Age Quotes , Firsts Quotes

You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.

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Tags : Warren Buffett Quotes , Three Quotes , Idiot Quotes

Activity is the enemy of investment returns.

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Tags : Warren Buffett Quotes , Enemy Quotes , Investing Quotes

My friends and I have been coddled long enough by a billionaire-friendly Congress.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Important Quotes

Learning how to live is much more important than learning how to make a living.

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Tags : Warren Buffett Quotes , Inspirational Life Quotes

Life is like a snowball. The important thing is finding wet snow and a really long hill.

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Tags : Warren Buffett Quotes , Long Quotes , Snow Quotes

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.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Ideas Quotes

Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.

5 years ago

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Tags : Warren Buffett Quotes , Pieces Quotes , World Quotes

Unless your answers are clearly better, copy the answers of your betters.

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Tags : Warren Buffett Quotes , Answers Quotes

I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).

5 years ago

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Tags : Warren Buffett Quotes , Blow Quotes , Long Quotes

My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.

5 years ago

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Tags : Warren Buffett Quotes , Real Quotes , Victory Quotes