Warren Buffett Quotes, Want Quotes, Mattresses Quotes

You don't want 300 million Americans putting their money under the mattress.

5 years ago

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Tags : Warren Buffett Quotes , Want Quotes , Mattresses Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Answers Quotes

Buy companies with strong histories of profitability and with a dominant business franchise.

5 years ago

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Tags : Warren Buffett Quotes , Strong Quotes , Investing Quotes

That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing. So there are two things needed in the system, the one that's needed overwhelmingly is liquidity. I mean, when people are trying to [unintelligible], there has to be somebody there to buy.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Two Quotes

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

5 years ago

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Tags : Warren Buffett Quotes , Intelligent Quotes , Successful Investing Quotes

Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Interesting Quotes

When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that means the whole country is basically at the point virtually, or a lot of the country is at the point of putting the money under the mattress.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Mean Quotes

Fear is the foe of the faddist, but the friend of the fundamentalist.

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Tags : Warren Buffett Quotes , Foe 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

Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.

5 years ago

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Tags : Warren Buffett Quotes , Moral Quotes , Psycho Quotes

I have got this letter which actually goes out the day after I die. It has already been written. And it says that: "Yesterday I died". And then it says: "That's bad news for me, but it's not bad news for you, the shareholders of Berkshire". And then I go on and explain what is going to happen. I know that is one time when they will be really interested in hearing from me.

5 years ago

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Tags : Warren Buffett Quotes , Yesterday Quotes , News Quotes

Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.

5 years ago

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Tags : Warren Buffett Quotes , Fashion Quotes , Hands Quotes

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Views Quotes

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

5 years ago

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Tags : Warren Buffett Quotes , Giving Quotes , Investing 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

The most dangerous distractions are the ones you love, but that don’t love you back.

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

It is better to point out your own mistakes than have somebody else do it.

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Tags : Warren Buffett Quotes

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.

5 years ago

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Tags : Warren Buffett Quotes , Needs Quotes , World Quotes

It is more important to say "no" to an opportunity, than to say "yes".

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Tags : Warren Buffett Quotes , Opportunity Quotes , Important Quotes

Knowing what to leave out is just as important as knowing what to focus on.

5 years ago

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Tags : Warren Buffett Quotes , Knowing Quotes , Focus Quotes