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  • I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.
  • 5 years ago



    Tags : Warren Buffett Quotes , Business Quotes , Loss Quotes
  • The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
  • 5 years ago



    Tags : Warren Buffett Quotes , Business Quotes , Long 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.
  • 5 years ago



    Tags : Warren Buffett Quotes , Business Quotes , School Quotes
  • Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.
  • 5 years ago



    Tags : Warren Buffett Quotes , Business Quotes , Bingo Quotes
  • It is no limitation upon property rights or freedom of contract to require that when men receive from government the privilege of doing business under corporate form... they shall do so under absolutely truthful representations... Great corporations exist only because they were created and safeguarded by our institutions; and it is therefore our right and duty to see that they work in harmony with these institutions.
  • 5 years ago



    Tags : Theodore Roosevelt Quotes , Business Quotes , Men Quotes
  • I was always embarresed by the words 'sacred,' 'glorious,' and 'sacrifice' and the expression 'in vain.' We had heard them, sometimes standing in the rain almost out of earshot, so that only the shouted words came through, and had read them on proclamations that were slapped up by billposters over other proclamations, now for a long time, and I had seen nothing sacred, and the things that were glorious had no glory and the sacrifices were like the stock yards at Chicago if nothing was done with the meat except to bury it.
  • 5 years ago



    Tags : Ernest Hemingway Quotes , Business Quotes , Rain Quotes
  • Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
  • 5 years ago



    Tags : Warren Buffett Quotes , Business Quotes , Imagination Quotes