Warren Buffett Quotes, Investing Your Time Quotes, Causes Quotes

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.

5 years ago

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Tags : Warren Buffett Quotes , Investing Your Time Quotes , Causes Quotes

What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.

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Tags : Warren Buffett Quotes , Running Quotes , Long Quotes

Continually challenge and be willing to amend your best loved ideas.

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Tags : Warren Buffett Quotes , Best Love Quotes , Ideas Quotes

... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.

5 years ago

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Tags : Warren Buffett Quotes , Should Have Quotes , Decision Quotes

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.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Practice Quotes

I always knew I was going to be rich. I don't think I ever doubted it for a minute.

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Tags : Warren Buffett Quotes , War Quotes , Thinking Quotes

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

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Tags : Warren Buffett Quotes , Children Quotes , Mistake Quotes

The extraordinary business does not require good management.

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Tags : Warren Buffett Quotes , Good Man Quotes , Doe Quotes

I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he had all these - they had all these types from Wall Street, you know, and they had advanced degrees, and they look very alert, and they came with these - they came with these things that said gamma and alpha and sigma and all that. And all I can say is beware of geeks, you know, bearing formulas. They've heard that in Europe.

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Couple Quotes

If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.

5 years ago

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Tags : Warren Buffett Quotes , Games Quotes , Assets Quotes

They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Light Quotes

The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.

5 years ago

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Tags : Warren Buffett Quotes , Optimism Quotes , Enemy Quotes

Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.

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Tags : Warren Buffett Quotes , Integrity Quotes , Passion Quotes

The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the "know-nothings" - must win.

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Tags : Warren Buffett Quotes , Mean Quotes , Winning Quotes

I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.

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Tags : Warren Buffett Quotes , Long Quotes , Athletic Quotes

If you don't know jewelry, know the jeweler.

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Tags : Warren Buffett Quotes , Jewelry Quotes , Knows Quotes

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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Tags : Warren Buffett Quotes , Thinking Quotes , Crowds Quotes

Be fearful when there is greed and be greedy when there is fear.

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Tags : Warren Buffett Quotes , Greed Quotes , Greedy Quotes

Never risk what you have and need for what we don't have and don't need.

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Tags : Warren Buffett Quotes , Risk Quotes

[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.

5 years ago

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Tags : Warren Buffett Quotes , Government Quotes , Years Quotes