Warren Buffett Quotes, Wall Quotes, Patient Quotes

The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Patient Quotes

Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.

5 years ago

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Tags : Warren Buffett Quotes , Fashion Quotes , Hands Quotes

Our favorite holding period is forever.

5 years ago

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Tags : Warren Buffett Quotes , Funny Inspirational Quotes , Business Quotes

The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.

5 years ago

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Tags : Warren Buffett Quotes , England Quotes , Century Quotes

You don't ever ask a barber whether you need a haircut.

5 years ago

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Tags : Warren Buffett Quotes , Funny Quotes , Humor Quotes

Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.

5 years ago

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Tags : Warren Buffett Quotes , Decision Quotes , Investing 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

Knowing what to leave out is just as important as knowing what to focus on.

5 years ago

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Tags : Warren Buffett Quotes , Knowing Quotes , Focus Quotes

The important thing is to keep playing, to play against weak opponents and to play for big stakes.

5 years ago

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Tags : Warren Buffett Quotes , Play Quotes , Important Quotes

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Thinking Quotes

If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Office Quotes

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

5 years ago

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Tags : Warren Buffett Quotes , Important Quotes , Quality Quotes

In the business world, the rearview mirror is always clearer than the windshield.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Insperational Quotes

In that, we agreed with Andrew Carnegie, who said that huge fortunes that flow in large part from society should in large part be returned to society. In my case, the ability to allocate capital would have had little utility unless I lived in a rich, populous country in which enormous quantities of marketable securities were traded and were sometimes ridiculously mispriced. And fortunately for me, that describes the U.S. in the second half of the last century.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Enormous Quantities Quotes

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

5 years ago

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Tags : Warren Buffett Quotes , Patient Quotes , Wealth Quotes

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.

5 years ago

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Tags : Warren Buffett Quotes , Machines Quotes , Investing 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

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Tags : Warren Buffett Quotes , Silly Quotes , People Quotes

That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing. So there are two things needed in the system, the one that's needed overwhelmingly is liquidity. I mean, when people are trying to [unintelligible], there has to be somebody there to buy.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Two Quotes

Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Fall Quotes

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

5 years ago

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Tags : Warren Buffett Quotes , Wise Quotes , Years Quotes