Warren Buffett Quotes, Hero Quotes, Years 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

Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.

5 years ago

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Tags : Warren Buffett Quotes , Sloth Quotes , Style Quotes

If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.

5 years ago

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Tags : Warren Buffett Quotes , Trying Quotes , Scare Quotes

Bad terminology is the enemy of good thinking.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Enemy Quotes

One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.

5 years ago

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Tags : Warren Buffett Quotes , Pockets Quotes , Investing Quotes

My wealth has come from a combination of living in America, some lucky genes, and compound interest.

5 years ago

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Tags : Warren Buffett Quotes , America Quotes , Lucky Quotes

The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.

5 years ago

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Tags : Warren Buffett Quotes , Forgiving Quotes , Doe Quotes

The most common cause of low prices is pessimism - sometimes pervasive, sometimes 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.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Insightful Quotes

If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.

5 years ago

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Tags : Warren Buffett Quotes , Class Quotes , Finals Quotes

You can't buy what is popular and do well.

5 years ago

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Tags : Warren Buffett Quotes , Buffets Quotes , Financial Quotes

When the brothel burns down, even the pretty girls have to run out.

5 years ago

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Tags : Warren Buffett Quotes , Girl Quotes , Running Quotes

The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance.

5 years ago

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Tags : Warren Buffett Quotes , Average Quotes , Years Quotes

Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Intrinsic Value 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

If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Ideas Quotes

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Business Quotes

An investor needs to do very few things right as long as he or she avoids big mistakes.

5 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Long Quotes

I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're feeling it. If you're a jewelry retailer, you're feeling it. I know some of these businesses because we're in them. Yeah, it's being felt, but it will be felt big time more if we don't do something about it, what's going on.

5 years ago

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Tags : Warren Buffett Quotes , Feelings Quotes , Today Quotes

If you want to soar like an eagle in life, you can't be flocking with the turkeys.

5 years ago

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Tags : Warren Buffett Quotes , Eagles Quotes , Turkeys 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