Warren Buffett Quotes, Zero Quotes, Believe 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

We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.

5 years ago

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Tags : Warren Buffett Quotes , Kings Quotes , Years Quotes

I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Use Quotes

Does management resist the institutional imperative?

5 years ago

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Tags : Warren Buffett Quotes , Doe Quotes , Investing 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

Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.

5 years ago

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Tags : Warren Buffett Quotes , Gratitude Quotes , Grateful Quotes

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

5 years ago

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

The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.

5 years ago

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Tags : Warren Buffett Quotes , Views Quotes , People Quotes

You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.

5 years ago

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Tags : Warren Buffett Quotes , Three Quotes , Idiot Quotes

What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.

5 years ago

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Tags : Warren Buffett Quotes , Party Quotes , Gold Quotes

Larger sums may be an advantage at some cases and a disadvantage at others.

5 years ago

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Tags : Warren Buffett Quotes , May Quotes , Advantage 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

Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

5 years ago

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Tags : Warren Buffett Quotes , Keys Quotes , Giving Quotes

Time is the friend of the wonderful business. It's the enemy of the lousy business. If you're in a lousy business for a long time, you're going to get a lousy result, even if you buy it cheap. If you're in a wonderful business for a long time, even if you pay a little too much going in, you're going to get a wonderful result if you stay in a long time.

5 years ago

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Tags : Warren Buffett Quotes , Time Quotes , Long Quotes

I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.

5 years ago

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Tags : Warren Buffett Quotes , Party Quotes , Believe Quotes

I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Tables 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

Either they're trying to con you or they're trying to con themselves.

5 years ago

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Tags : Warren Buffett 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

Banking is very good business if you don't do anything dumb.

5 years ago

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Tags : Warren Buffett Quotes , Dumb Quotes , Banking Quotes