Warren Buffett Quotes, Golf Quotes, Skills 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.

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Tags : Warren Buffett Quotes , Golf Quotes , Skills Quotes

The key to success is emotional stability.

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Tags : Warren Buffett Quotes , Emotional Quotes , Keys Quotes

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.

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Tags : Warren Buffett Quotes , Thinking Quotes , Views Quotes

To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.

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Tags : Warren Buffett Quotes , Business Quotes , School Quotes

What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.

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Tags : Warren Buffett Quotes , Circles Quotes , Knowing Quotes

Fund consultants like to require style boxes such as "long-short," "macro," "international equities." At Berkshire our only style box is "smart."

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Tags : Warren Buffett Quotes , Smart Quotes , Long Quotes

People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.

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Tags : Warren Buffett Quotes , Crazy Quotes , Sea Quotes

Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.

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Tags : Warren Buffett Quotes , War Quotes , Mean Quotes

Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.

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Tags : Warren Buffett Quotes , Night Quotes , Differences Quotes

My father was the best person i've ever known.

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Tags : Warren Buffett Quotes , Inspirational Quotes , Motivational Quotes

We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

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Tags : Warren Buffett Quotes , Share Quotes , Figures Quotes

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

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Tags : Warren Buffett Quotes , Jewelry Quotes , Knows Quotes

Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about.

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Tags : Warren Buffett Quotes , Loss Quotes , Trying Quotes

Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.

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Tags : Warren Buffett Quotes , Jobs Quotes , Giving Up Quotes

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

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Tags : Warren Buffett Quotes , People Quotes , Guy Quotes

More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of my friends-a noted West Coast philosopher-maintains that a majority of life's errors are caused by forgetting what one is really trying to do. This is certainly the case when an emotionally supercharged element like taxes enters the picture (I have another friend-a noted East Coast philosopher who says it isn't the lack of representation he minds-it's the taxation).

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Tags : Warren Buffett Quotes , Intelligent Quotes , Errors Quotes

People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

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Tags : Warren Buffett Quotes , People Quotes , Should Quotes

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

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Tags : Warren Buffett Quotes , Country Quotes , Mean Quotes

Valuing a business is part art and part science.

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Tags : Warren Buffett Quotes , Art Quotes

Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

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Tags : Warren Buffett Quotes , Keys Quotes , Giving Quotes