Warren Buffett Quotes, Circles Quotes, Important 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

I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Gum Quotes

When bills come due, only cash is legal tender. Don't leave home without it.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Cash Quotes

Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.

5 years ago

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

I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.

5 years ago

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Tags : Warren Buffett Quotes , Practice Quotes , Long Quotes

If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Fear Quotes

It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.

5 years ago

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Tags : Warren Buffett Quotes , Sex Quotes , Nice Quotes

Continually challenge and be willing to amend your best loved ideas.

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Tags : Warren Buffett Quotes , Best Love Quotes , Ideas Quotes

It's never paid to bet against America.

5 years ago

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Tags : Warren Buffett Quotes , America Quotes

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.

5 years ago

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Tags : Warren Buffett Quotes , Struggle Quotes , Fighting Quotes

You pay a very high price in the stock market for a cheery consensus.

5 years ago

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Tags : Warren Buffett Quotes , Pay Quotes , Consensus Quotes

I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Mad 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.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Writing Quotes

I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.

5 years ago

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Tags : Warren Buffett Quotes , Perfect Quotes , Would Be Quotes

Does the business have favourable long term prospects?

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Doe Quotes

If you have a harem of 40 women, you never get to know any of them very well.

5 years ago

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Tags : Warren Buffett Quotes , Wells Quotes , Harem Quotes

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

5 years ago

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Tags : Warren Buffett Quotes , Important Quotes , Quality Quotes

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood; in fact, if it occurswe will be selling life jackets to the unprepared.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Believe Quotes

Your money can be inflated away but your knowledge and talent cannot.

5 years ago

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Tags : Warren Buffett Quotes

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Mass Destruction Quotes