Warren Buffett Quotes, Swings Quotes, Games Quotes

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

5 years ago

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Tags : Warren Buffett Quotes , Swings Quotes , Games Quotes

[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.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Gold Quotes

I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.

5 years ago

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Tags : Warren Buffett Quotes , Presidential Quotes , Important Quotes

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.

5 years ago

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Tags : Warren Buffett Quotes , Important Quotes , Quality Quotes

When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.

5 years ago

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Tags : Warren Buffett Quotes , Reputation Quotes , Management Quotes

We will reject interesting opportunities rather than over-leverage our balance sheet.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Interesting Quotes

People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.

5 years ago

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Tags : Warren Buffett Quotes , Golf Quotes , Skills Quotes

I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.

5 years ago

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Tags : Warren Buffett Quotes , Hero Quotes , Years Quotes

Bad terminology is the enemy of good thinking.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Enemy Quotes

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Investing Money Quotes

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes

Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Fall Quotes

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

5 years ago

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Tags : Warren Buffett Quotes , Smart Quotes , Investing Money Quotes

The first rule is not to lose. The second rule is not to forget the first rule.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Loss Quotes

I think people - what people want to do is make [economy] get worse.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Military Quotes

We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.

5 years ago

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Tags : Warren Buffett Quotes , Government Quotes , Payroll Tax Quotes

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Track Quotes

I'm happy when I can spend every day doing the things that I like to do. That's my luxury.

5 years ago

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Tags : Warren Buffett Quotes , Luxury Quotes

Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.

5 years ago

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Tags : Warren Buffett Quotes , Decision Quotes , Investing Quotes