Warren Buffett Quotes, Competition Quotes, May Quotes

Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth".

5 years ago

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Tags : Warren Buffett Quotes , Competition Quotes , May Quotes

It's the deleveraging that's going on right now that has caused the credit crisis.

5 years ago

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Tags : Warren Buffett Quotes , Credit Quotes , Crisis Quotes

The reaction of weak management to weak operations is often weak accounting.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Management Quotes

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.

5 years ago

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Tags : Warren Buffett Quotes , Needs Quotes , Investing Quotes

Taking jobs to build up your resume is the same as saving up sex for old age.

5 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Sex Quotes

If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Thinking 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

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.

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Tags : Warren Buffett Quotes , Law Quotes , Bulls Quotes

You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.

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Tags : Warren Buffett Quotes , Criminals Quotes , Financial Quotes

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Kids Quotes

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Fear 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

In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.

5 years ago

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Tags : Warren Buffett Quotes , Baseball Quotes , Running Quotes

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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Tags : Warren Buffett Quotes , Opportunity Quotes , Track 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. You may find local companies that have nothing wrong with them at all. A company that I found, Western Insurance Securities, was trading for $3/share when it was earning $20/share!! I tried to buy up as much of it as possible. No one will tell you about these businesses. You have to find them.

5 years ago

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Tags : Warren Buffett Quotes , Rocks Quotes , Anomalies Quotes

It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Men Quotes

The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

5 years ago

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Tags : Warren Buffett Quotes , Figures Quotes , Obligation Quotes

I measure success by how many people love me. And the best way to be loved is to be lo veable.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Way Quotes

Well, it may be all right in practice, but it will never work in theory

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Tags : Warren Buffett Quotes , Practice Quotes , May Quotes

I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.

5 years ago

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Tags : Warren Buffett Quotes , Sex Quotes , Years Quotes