Warren Buffett Quotes, Intelligent Quotes, Errors Quotes

More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of my friends-a noted West Coast philosopher-maintains that a majority of life's errors are caused by forgetting what one is really trying to do. This is certainly the case when an emotionally supercharged element like taxes enters the picture (I have another friend-a noted East Coast philosopher who says it isn't the lack of representation he minds-it's the taxation).

5 years ago

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Tags : Warren Buffett Quotes , Intelligent Quotes , Errors Quotes

But, surprise - none of these blockbuster events made the slightest dent in Ben Graham's investment principles. Nor did they render unsound the negotiated purchases of fine businesses at sensible prices. Imagine the cost to us, then, if we had let a fear of unknowns cause us to defer or alter the deployment of capital. Indeed, we have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.

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Tags : Warren Buffett Quotes , Deployment Quotes , Principles Quotes

Is management candid with the shareholders?

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Tags : Warren Buffett Quotes , Investing Quotes , Management Quotes

I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

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

The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.

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Tags : Warren Buffett Quotes , Business Quotes , Writing Quotes

Never lie under any circumstances.

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Tags : Warren Buffett Quotes , Life Quotes , Lying Quotes

Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.

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Tags : Warren Buffett Quotes , Circles Quotes , Important Quotes

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

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Tags : Warren Buffett Quotes , Forever Quotes , Mind Quotes

If you want to soar like an eagle in life, you can't be flocking with the turkeys.

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Tags : Warren Buffett Quotes , Eagles Quotes , Turkeys Quotes

I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.

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Tags : Warren Buffett Quotes , Fun Quotes , Cost Of Living Quotes

Chains of habit are too light to be felt until they are too heavy to be broken.

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Tags : Warren Buffett Quotes , Inspirational Quotes , Broken Heart Quotes

For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

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Tags : Warren Buffett Quotes , People Quotes , Pay Quotes

The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.

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Tags : Warren Buffett Quotes , Morning Quotes , Giving Quotes

I want to be able to explain my mistakes. This means I do only the things I completely understand.

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Tags : Warren Buffett Quotes , Mistake Quotes , Mean 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

You can't buy what is popular and do well.

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Tags : Warren Buffett Quotes , Buffets Quotes , Financial Quotes

There seems to be some perverse human characteristic that likes to make easy things difficult.

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Tags : Warren Buffett Quotes , Life Quotes , Nature Quotes

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

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Tags : Warren Buffett Quotes , Success Quotes , Money Quotes

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.

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Tags : Warren Buffett Quotes , Zero Quotes , Smart Quotes