Warren Buffett Quotes, Sex Quotes, Sleep Quotes

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

5 years ago

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Tags : Warren Buffett Quotes , Sex Quotes , Sleep 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.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Long 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

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

5 years ago

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

Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.

5 years ago

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Tags : Warren Buffett Quotes , Average Quotes , Two Quotes

I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Business Quotes

I know the country works extremely well. You know, but when it isn't clogged up.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Wells Quotes

It's good to learn from your mistakes. It's better to learn from other people's mistakes.

5 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , People Quotes

Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.

5 years ago

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Tags : Warren Buffett Quotes , Intelligent Quotes , Sound Quotes

Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.

5 years ago

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Tags : Warren Buffett Quotes , Moral Quotes , Psycho Quotes

If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety.

5 years ago

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Tags : Warren Buffett Quotes , Bridges Quotes , Safety Quotes

The stockmarket is a semi-psychotic creature given to extremes of elation and despair.

5 years ago

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Tags : Warren Buffett Quotes , Despair Quotes , Elation Quotes

I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Mean Quotes

Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Investment Quotes

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

5 years ago

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Tags : Warren Buffett Quotes , Stills Quotes

If horses had controlled investment decisions, there would have been no auto industry.

5 years ago

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Tags : Warren Buffett Quotes , Horse Quotes , Decision Quotes

The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.

5 years ago

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Tags : Warren Buffett Quotes , Keys Quotes , Investing Quotes

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

5 years ago

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Tags : Warren Buffett Quotes , Two Quotes , Gold Quotes

There is no question we have an access stock.

5 years ago

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Tags : Warren Buffett Quotes

So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Fields Quotes