Warren Buffett Quotes, Business Quotes, Mean Quotes

None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. Unfortunately, Bertrand Russell's observation about life in general applies with unusual force in the financial world: "Most men would rather die than think. Many do."

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Tags : Warren Buffett Quotes , Business Quotes , Mean Quotes

The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

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Tags : Warren Buffett Quotes , Workout Quotes , Loss Quotes

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

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Tags : Warren Buffett Quotes , Loyalty Quotes , Smoking Quotes

You pay a very high price in the stock market for a cheery consensus.

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Tags : Warren Buffett Quotes , Pay Quotes , Consensus Quotes

Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.

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Tags : Warren Buffett Quotes , Integrity Quotes , Two Quotes

We look for things I can understand. A lot of businesses I don't understand.

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Tags : Warren Buffett Quotes , Looks Quotes

I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?

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Tags : Warren Buffett Quotes , Life Quotes , Jobs Quotes

An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

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Tags : Warren Buffett Quotes , Investing Quotes , Pieces Quotes

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

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Tags : Warren Buffett Quotes , Mistake Quotes , Thinking Quotes

Derivatives are financial weapons of mass destruction.

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Tell me your heroes and I'll tell you how your life will end up

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Tags : Warren Buffett Quotes , Sports Quotes , Hero Quotes

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

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Tags : Warren Buffett Quotes , People Quotes , Trying Quotes

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

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Tags : Warren Buffett Quotes , Philosophy Quotes , Loss Quotes

In the insurance business, there is no statute of limitation on stupidity.

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Tags : Warren Buffett Quotes , Stupidity Quotes , Statutes Quotes

The purpose of life is to be loved by as many people as possible among those you want to have love you

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Tags : Warren Buffett Quotes , Love You Quotes , People Quotes

I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.

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Tags : Warren Buffett Quotes , Keys Quotes , People Quotes

I learned to go into business only with people whom I like, trust, and admire.

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You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.

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Tags : Warren Buffett Quotes , Simple Quotes , Swings Quotes