Warren Buffett Quotes, Country Quotes, Gum Quotes

I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Gum Quotes

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.

5 years ago

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Tags : Warren Buffett Quotes , Men Quotes , Alchemist Quotes

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.

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Tags : Warren Buffett Quotes , Law Quotes , Bulls Quotes

An ounce of prevention is worth a pound of cure understated.

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Tags : Warren Buffett Quotes , Prevention Quotes , Pounds Quotes

I think that they hoped the private sector would come in. And the private sector tried to come in until they saw the size of the problem. I mean, from were people on that weekend that thought they'd had a solution. And then the hole kept getting bigger and bigger. And all of a sudden became apparent that 20 billion wouldn't do it and 30 billion wouldn't do it and 40 billion wouldn't do it. So it got beyond anybody's ability to certainly to do it in a short period of time.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Weekend Quotes

Never invest in a business you don't understand.

5 years ago

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Tags : Warren Buffett Quotes

Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Swings Quotes

The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.

5 years ago

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Tags : Warren Buffett Quotes , Morning Quotes , Giving Quotes

Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.

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Tags : Warren Buffett Quotes , Chance Quotes , Given Quotes

Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Writing Quotes

The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.

5 years ago

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Tags : Warren Buffett Quotes , Keys Quotes , Investing Quotes

Fund consultants like to require style boxes such as "long-short," "macro," "international equities." At Berkshire our only style box is "smart."

5 years ago

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Tags : Warren Buffett Quotes , Smart Quotes , Long Quotes

When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.

5 years ago

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Tags : Warren Buffett Quotes , Reputation Quotes , Management 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

There is no staff. I make all the investment decisions and I do all my own analysis.

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Tags : Warren Buffett Quotes , Decision Quotes , Analysis Quotes

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

They [Goverment] take from the woman who comes in and takes the wastebaskets out.

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Tags : Warren Buffett Quotes

The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.

5 years ago

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Tags : Warren Buffett Quotes , Investment Success Quotes , Advice Quotes

Turnarounds seldom turn.

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Tags : Warren Buffett Quotes , Investing Quotes , Turnaround Quotes

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

5 years ago

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Tags : Warren Buffett Quotes , Children Quotes , Mistake Quotes