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  • Warren Buffett Quotes   959
  • 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



    Tags : Warren Buffett Quotes , Zero Quotes , Games Quotes
  • Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses
  • 5 years ago



    Tags : Warren Buffett Quotes , Real Quotes , Growth Quotes
  • If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
  • 5 years ago



    Tags : Warren Buffett Quotes , Prayer Quotes , Differences Quotes
  • It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
  • 5 years ago



    Tags : Warren Buffett Quotes , Loss Quotes , Exercise Quotes
  • Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
  • 5 years ago



    Tags : Warren Buffett Quotes , Pieces Quotes , World Quotes
  • The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.
  • 5 years ago



    Tags : Warren Buffett Quotes , Country Quotes , Should Have Quotes
  • I wouldn't want to manufacture cigarettes. But if I owned - we do own Costco. Do they sell them? Yes. So I don't have a problem owning stock in that. But I just wouldn't want to - I wouldn't want to do it myself. I basically think, if anything is sufficiently antisocial, society should do something about it. But that's a separate question. But - and I don't think there's any company that I have seen that's 100 percent pure.
  • 5 years ago



    Tags : Warren Buffett Quotes , Thinking Quotes , Problem Quotes