Warren Buffett Quotes, Rocks Quotes, Anomalies Quotes

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

5 years ago

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Tags : Warren Buffett Quotes , Rocks Quotes , Anomalies Quotes

Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.

5 years ago

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Tags : Warren Buffett Quotes , Trying Quotes , Littles Quotes

The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Real Quotes

The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

5 years ago

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Tags : Warren Buffett Quotes , Workout Quotes , Loss Quotes

Generally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Care Quotes

The investor of today does not profit from yesterday's growth.

5 years ago

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Tags : Warren Buffett Quotes , War Quotes , Past Quotes

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Long Quotes

It's class warfare, my class is winning, but they shouldn't be.

5 years ago

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Tags : Warren Buffett Quotes , Helping Others Quotes , Winning Quotes

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

5 years ago

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Tags : Warren Buffett Quotes , Smart Quotes , Investing Money Quotes

Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.

5 years ago

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Tags : Warren Buffett Quotes , Night Quotes , Differences 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

If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.

5 years ago

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Tags : Warren Buffett Quotes , Games Quotes , Assets Quotes

Cultivate curiosity and strive to become a little wiser every day.

5 years ago

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Tags : Warren Buffett Quotes , Curiosity Quotes , Littles Quotes

When you're associating with the people that you love, doing what you love, it doesn't get any better than that.

5 years ago

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Tags : Warren Buffett Quotes , Doing What You Love Quotes , People Quotes

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , May Quotes

The Fed is the greatest hedge fund in history.

5 years ago

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Tags : Warren Buffett Quotes , Feds Quotes , Fund Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Genius Quotes

I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.

5 years ago

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Tags : Warren Buffett Quotes , Two Quotes , Too Late Quotes

Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.

5 years ago

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Tags : Warren Buffett Quotes , Eye Quotes , Player Quotes

The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Mean Quotes