Warren Buffett Quotes, Sex Quotes, Sleep Quotes

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

5 years ago

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Tags : Warren Buffett Quotes , Sex Quotes , Sleep Quotes

I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Shy Quotes

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

You should look at stocks as small pieces of business.

5 years ago

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Tags : Warren Buffett Quotes , Looks Quotes , Pieces Quotes

Investment must be rational; if you can't understand it, don't do it.

5 years ago

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Tags : Warren Buffett Quotes , Investment Quotes , Rational Quotes

In the end we must have people to match our principles, not the reverse.

5 years ago

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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Gdp Quotes

Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Two Quotes

Valuing a business is part art and part science.

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Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.

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Tags : Warren Buffett Quotes , Circles Quotes , Important Quotes

Wide diversification is only required when investors do not understand what they are doing.

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Tags : Warren Buffett Quotes , Success Quotes , Business Quotes

We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.

5 years ago

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Tags : Warren Buffett Quotes , Hangover Quotes , May Quotes

In that, we agreed with Andrew Carnegie, who said that huge fortunes that flow in large part from society should in large part be returned to society. In my case, the ability to allocate capital would have had little utility unless I lived in a rich, populous country in which enormous quantities of marketable securities were traded and were sometimes ridiculously mispriced. And fortunately for me, that describes the U.S. in the second half of the last century.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Enormous Quantities 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

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Mean Quotes

When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it.

5 years ago

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Tags : Warren Buffett Quotes , Want Quotes , Looks Quotes

One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.

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Tags : Warren Buffett Quotes , Over You Quotes , Age Quotes

Forecasts usually tell us more of the forecaster than of the forecast

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Do what you would do for free, having passion for what you do is the most important thing.

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Tags : Warren Buffett Quotes , Passion Quotes , Important Quotes

If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , World Quotes