Warren Buffett Quotes, Years Quotes, Games Quotes

The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn't going to do anything for you....it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Years Quotes , Games Quotes

I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Years Quotes , Tables Quotes

Equities will do well over time - you just have to avoid getting excited when other people are getting excited.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , People Quotes , Excited Quotes

Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Should Quotes , Speculation Quotes

Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Thinking Quotes , Interesting Quotes

You don't have to be a genius to invest well

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Genius Quotes

We've got a wonderful economic formula in this country.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Country Quotes , Wonderful Quotes

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Knowing Quotes , Long Quotes

I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Running Quotes , People Quotes

Bad terminology is the enemy of good thinking.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Thinking Quotes , Enemy Quotes

You can't make a good deal with a bad person.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Life Quotes , Generosity Quotes

We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Life Quotes , Practice Quotes

If you have a harem of 40 women, you never get to know any of them very well.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Wells Quotes , Harem Quotes

People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Crazy Quotes , Sea Quotes

If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Safety Quotes , Needs Quotes

... not doing what we love in the name of greed is very poor management of our lives.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Life Quotes , Investment Success Quotes

We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , War Quotes , Yield Quotes

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Children Quotes , Mistake Quotes

House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Silly Quotes , People Quotes

Well, it may be all right in practice, but it will never work in theory

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Practice Quotes , May Quotes