Warren Buffett Quotes, Numbers Quotes, People Quotes

In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.

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Tags : Warren Buffett Quotes , Numbers Quotes , People Quotes

When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.

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Tags : Warren Buffett Quotes , Successful Quotes , Years Quotes

If you hit a hole in one every hole, you wouldn’t play golf for very long.

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Tags : Warren Buffett Quotes , Golf Quotes , Play Quotes

I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he had all these - they had all these types from Wall Street, you know, and they had advanced degrees, and they look very alert, and they came with these - they came with these things that said gamma and alpha and sigma and all that. And all I can say is beware of geeks, you know, bearing formulas. They've heard that in Europe.

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Tags : Warren Buffett Quotes , Wall Quotes , Couple Quotes

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 , Thinking Quotes , Two Quotes

Do what you would do for free, having passion for what you do is the most important thing.

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Tags : Warren Buffett Quotes , Passion Quotes , Important Quotes

I have three boxes on my desk: In, Out, and Too Hard.

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Tags : Warren Buffett Quotes , Three Quotes , Boxes Quotes

I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.

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Tags : Warren Buffett Quotes , May Quotes , Today Quotes

Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.

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Tags : Warren Buffett Quotes , Book Quotes , Hero Quotes

You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.

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Tags : Warren Buffett Quotes , Facts Quotes , Reason Quotes

I think the FDIC was one of the great inventions of the American.

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Tags : Warren Buffett Quotes , Thinking Quotes , Great Inventions Quotes

There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage.

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Tags : Warren Buffett Quotes , Attitude Quotes , Views Quotes

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

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Tags : Warren Buffett Quotes , Funny Quotes , Money Quotes

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

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Tags : Warren Buffett Quotes , Life Quotes , Thinking Quotes

Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.

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Tags : Warren Buffett Quotes , Thinking Quotes , Knowing Quotes

We've got all the ingredients for a sensational future.

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It is more important to say "no" to an opportunity, than to say "yes".

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Tags : Warren Buffett Quotes , Opportunity Quotes , Important Quotes

Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

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Tags : Warren Buffett Quotes , Looks Quotes , Esoteric Quotes

The Stock Market is designed to transfer money from the Active to the Patient.

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Tags : Warren Buffett Quotes , Money Quotes , Investing Quotes

There is no perfect mathematical formula for pricing a business.

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Tags : Warren Buffett Quotes , Perfect Quotes , Mathematical Quotes