Warren Buffett Quotes, Loyalty Quotes, Smoking Quotes

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

5 years ago

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Tags : Warren Buffett Quotes , Loyalty Quotes , Smoking 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

The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Important Quotes

My friends and I have been coddled long enough by a billionaire-friendly Congress.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Important 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

When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Faces Quotes

What we learn from history is that people don't learn from history.

5 years ago

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Tags : Warren Buffett Quotes , Learning Quotes , People 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

There is no perfect mathematical formula for pricing a business.

5 years ago

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Tags : Warren Buffett Quotes , Perfect Quotes , Mathematical Quotes

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

5 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Thinking 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.

5 years ago

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Tags : Warren Buffett Quotes , Deployment Quotes , Principles Quotes

If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Gun Quotes

Only when you combine sound intellect with emotional discipline do you get rational behavior.

5 years ago

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Tags : Warren Buffett Quotes , Emotional Quotes , Discipline Quotes

If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Years Quotes

It's just that right now the athlete's on the floor. But we - this is a super athlete.

5 years ago

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Tags : Warren Buffett Quotes , Athlete Quotes

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

5 years ago

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Tags : Warren Buffett Quotes , Law Quotes , Gdp Quotes

I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , People Quotes

We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Thinking Quotes

Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Talent Quotes

If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

5 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Years Quotes