Warren Buffett Quotes, Zero Quotes, Games Quotes

I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Games Quotes

If you are a professional and have confidence, then I would advocate lots of concentration.

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Tags : Warren Buffett Quotes , Concentration Quotes , Have Confidence Quotes

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.

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

What the wise do in the beginning, fools do in the end.

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I always knew I was going to be rich. I don't think I ever doubted it for a minute.

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Tags : Warren Buffett Quotes , War Quotes , Thinking Quotes

Unless your answers are clearly better, copy the answers of your betters.

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I know the country works extremely well. You know, but when it isn't clogged up.

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The key to success is emotional stability.

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Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

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

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Tags : Warren Buffett Quotes , Business Quotes , Management 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

They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.

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Tags : Warren Buffett Quotes , Business Quotes , Light Quotes

And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really isn't the problem we have. I mean that's where it came from, though. We leveraged up and if you have a 20 percent fall in value of a $20 trillion asset, that's $4 trillion. And when $4 trillion lands - losses land in the wrong part of this economy, it can gum up the whole place.

5 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Mean Quotes

To win, the first thing you have to do is not lose.

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When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

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Tags : Warren Buffett Quotes , Temptation Quotes , Investing Quotes

Risk comes from not knowing what you're doing.

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Tags : Warren Buffett Quotes , Life Quotes , Business Quotes

Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Imagination 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.

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?

5 years ago

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Tags : Warren Buffett Quotes , Reality Quotes , Records Quotes