Warren Buffett Quotes, Wall Quotes, Fun Quotes

I mean you know at midnight everything is going to turn to pumpkins and mice; right? But if the evening goes along, I mean, you know, the guys look better all the time, the music sounds better, it's more and more fun, you think why the hell should I leave at quarter of 12. I'll leave at two minutes to 12. But the trouble is, there are no clocks on the wall. And everybody thinks they're going to leave at two minutes to 12.

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Fun 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

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Tags : Warren Buffett Quotes , Crazy Quotes , Sea Quotes

You could be somewhere where the mail was delayed three weeks and do just fine investing.

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Tags : Warren Buffett Quotes , Three Quotes , Investing Quotes

The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that's the greatest mistake that investors make because it's always uncertain. People say it's a time of uncertainty. It was uncertain on September 10th, 2001, people just didn't know it. It's uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared, they pay less for things. We try to price. We don't try to time at all.

5 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Mean Quotes

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Mean Quotes

You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Long Quotes

We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Common Sense Quotes

There is no staff. I make all the investment decisions and I do all my own analysis.

5 years ago

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Tags : Warren Buffett Quotes , Decision Quotes , Analysis Quotes

No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.

5 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Feet 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.

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Tags : Warren Buffett Quotes , Machines Quotes , Investing Quotes

It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.

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Tags : Warren Buffett Quotes , Country Quotes , Income Quotes

The extraordinary business does not require good management.

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Tags : Warren Buffett Quotes , Good Man Quotes , Doe Quotes

One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.

5 years ago

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Tags : Warren Buffett Quotes , Pockets 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

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

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Tags : Warren Buffett Quotes , Business Quotes , Investing Quotes

Invest in as much of yourself as you can, you are your own biggest asset by far.

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Tags : Warren Buffett Quotes , Money Quotes

A single year's performance is of minor importance and, good or bad, should never be taken seriously.

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Tags : Warren Buffett Quotes , Taken Quotes , Years Quotes

Always associate yourself with people who are better than you.

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Tags : Warren Buffett Quotes , Kayaking Quotes , People Quotes

John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.

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Tags : Warren Buffett Quotes , Trying Quotes , Keynes Quotes

Investing is forgoing consumption now in order to have the ability to consume more at a later date.

5 years ago

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Tags : Warren Buffett Quotes , Order Quotes , Investing Quotes