Warren Buffett Quotes, Genius Quotes

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

5 years ago

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If I subscribed to the efficient market theory I would still be delivering papers

5 years ago

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In economics, you always want to ask 'And then what?'

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It's easier to create money than to spend it.

5 years ago

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I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.

5 years ago

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I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.

5 years ago

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Ignore the stock market, ignore the economy, and buy a business you understand.

5 years ago

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A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Mentor Quotes

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

5 years ago

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Basically, the single-most important decision in evaluating a business is pricing power.

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[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.

5 years ago

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Tags : Warren Buffett Quotes , Couple Quotes , Eight Quotes

Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.

5 years ago

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Valuing a business is part art and part science.

5 years ago

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I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , Thinking Quotes

Honesty is a very expensive gift, Don't expect it from cheap people.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Life Quotes

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. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.

5 years ago

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I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

5 years ago

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I know that Congress will do the right thing.

5 years ago

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The smarter the journalists are, the better off society is.

5 years ago

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If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety.

5 years ago

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Tags : Warren Buffett Quotes , Bridges Quotes , Safety Quotes