Warren Buffett Quotes, Believe Quotes, Mean Quotes

The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.

5 years ago

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Tags : Warren Buffett Quotes , Believe Quotes , Mean Quotes

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map. You may find local companies that have nothing wrong with them at all. A company that I found, Western Insurance Securities, was trading for $3/share when it was earning $20/share!! I tried to buy up as much of it as possible. No one will tell you about these businesses. You have to find them.

5 years ago

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Tags : Warren Buffett Quotes , Rocks Quotes , Anomalies Quotes

Success is having people love you that you want to have love you.

5 years ago

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Tags : Warren Buffett Quotes , Love You Quotes , People Quotes

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Long Quotes

Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.

5 years ago

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Tags : Warren Buffett Quotes , Night Quotes , Differences Quotes

We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.

5 years ago

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Tags : Warren Buffett Quotes , Goal Quotes , Ignored Quotes

Be fearful when there is greed and be greedy when there is fear.

5 years ago

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Tags : Warren Buffett Quotes , Greed Quotes , Greedy Quotes

Well, it may be all right in practice, but it will never work in theory

5 years ago

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Tags : Warren Buffett Quotes , Practice Quotes , May 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

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

5 years ago

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We always live in an uncertain world. What is certain is that the United States will go forward over time.

5 years ago

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Tags : Warren Buffett Quotes , United States Quotes , World Quotes

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

5 years ago

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Tags : Warren Buffett Quotes , Crush Quotes , Events Quotes

If horses had controlled investment decisions, there would have been no auto industry.

5 years ago

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Tags : Warren Buffett Quotes , Horse Quotes , Decision Quotes

Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Done Quotes

I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.

5 years ago

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Tags : Warren Buffett Quotes , Cents Quotes

If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Competence Quotes

It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Income Quotes

You should invest like a Catholic marries: for life.

5 years ago

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Tags : Warren Buffett Quotes , Catholic Quotes

You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Worry Quotes

It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.

5 years ago

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Tags : Warren Buffett Quotes , Want Quotes , Nightmare Quotes