Warren Buffett Quotes, Running Quotes, Average Quotes

The fundamental basis of above-average performance in the long run is sustainable competitive advantage.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Average Quotes

If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.

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Tags : Warren Buffett Quotes , Smart Quotes , Pay Quotes

Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.

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Tags : Warren Buffett Quotes , Trying Quotes , Littles Quotes

Traditional wisdom is long on tradition and short on wisdom.

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Tags : Warren Buffett Quotes , Long Quotes , Investing Quotes

I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.

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Tags : Warren Buffett Quotes , Morning Quotes , Mirrors Quotes

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

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Tags : Warren Buffett Quotes , People Quotes , Trying Quotes

If you buy the things you don't need, you will soon be selling the things that you need.

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Tags : Warren Buffett Quotes , Needs Quotes , Don't Need You Quotes

We have long felt that the only value of stock forecasters is to make fortune-tellers look good.

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Tags : Warren Buffett Quotes , Long Quotes , Looks Quotes

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

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Tags : Warren Buffett Quotes , May Quotes , Advantage Quotes

Never lie under any circumstances.

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Tags : Warren Buffett Quotes , Life Quotes , Lying Quotes

Diversification may preserve wealth, but concentration builds wealth.

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Tags : Warren Buffett Quotes , Concentration Of Wealth Quotes , Investing Quotes

We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.

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Tags : Warren Buffett Quotes , People Quotes , Needs Quotes

When the brothel burns down, even the pretty girls have to run out.

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Tags : Warren Buffett Quotes , Girl Quotes , Running Quotes

The Stock Market is designed to transfer money from the Active to the Patient.

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Tags : Warren Buffett Quotes , Money Quotes , Investing Quotes

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

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Tags : Warren Buffett Quotes , Taken Quotes , Cash Quotes

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

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

Charlie and I have a number of filters that things have to get through before we'll think about them.

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Tags : Warren Buffett Quotes , Thinking Quotes , Numbers Quotes

I lose confidence in other people, all kinds of institutions.

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Tags : Warren Buffett Quotes , People Quotes , Kind Quotes

So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose as market falls-but investors gain." Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: "Every putt makes someone happy.")

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Tags : Warren Buffett Quotes , Hurt Quotes , Fall Quotes

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

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Tags : Warren Buffett Quotes , Business Quotes , Military Quotes