Warren Buffett Quotes, Years Quotes, Two Quotes

Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.

3 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Two Quotes

Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.

3 years ago

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Tags : Warren Buffett Quotes , People Quotes , Intelligence Quotes

You don't have to be a genius to invest well

3 years ago

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Tags : Warren Buffett Quotes , Genius Quotes

Very successful people say no to almost everything.

3 years ago

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Tags : Warren Buffett Quotes , Successful Quotes , Investment Success Quotes

Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

3 years ago

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Tags : Warren Buffett Quotes , Looks Quotes , Esoteric Quotes

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.

3 years ago

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Tags : Warren Buffett Quotes , Law Quotes , Bulls 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.

3 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Light Quotes

Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation

3 years ago

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Tags : Warren Buffett Quotes , Should Quotes , Speculation Quotes

The Stock Market is designed to transfer money from the Active to the Patient.

3 years ago

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Tags : Warren Buffett Quotes , Money Quotes , Investing Quotes

Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.

3 years ago

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Tags : Warren Buffett Quotes , Ideas Quotes , People Quotes

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

3 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , May Quotes

We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.

3 years ago

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Tags : Warren Buffett Quotes , Running Quotes , People Quotes

A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well

3 years ago

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Tags : Warren Buffett Quotes , Community Quotes , Important Quotes

Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.

3 years ago

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Tags : Warren Buffett Quotes , Hurt Quotes , Business Quotes

You are neither right nor wrong because the crowd disagrees with you.

3 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Generosity Quotes

If you have a harem of 40 women, you never get to know any of them very well.

3 years ago

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Tags : Warren Buffett Quotes , Wells Quotes , Harem Quotes

It is easier to rationalize than it is to be rational.

3 years ago

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Tags : Warren Buffett Quotes , Easier Quotes , Rational Quotes

Investors should remember that excitement and expenses are their enemies.

3 years ago

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Tags : Warren Buffett Quotes , Investing Money Quotes , Investment Success Quotes

SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.

3 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Thinking Quotes

Never depend on a single source of income.

3 years ago

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Tags : Warren Buffett Quotes , Income Quotes , Source Quotes