Warren Buffett Quotes, Children Quotes, Believe Quotes

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Children Quotes , Believe Quotes

You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Decision Quotes , Temptation Quotes

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

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Strong Quotes , Investing Quotes

The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Business Quotes , Insightful Quotes

Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Home Quotes , Oxygen Quotes

I measure success by how many people love me. And the best way to be loved is to be lo veable.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , People Quotes , Way Quotes

I buy expensive suits - they just look cheap on me.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Inspirational Quotes , Funny Quotes

Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Doctors Quotes , Two Quotes

Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Money Quotes , Business Quotes

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Ignorance Quotes , Littles Quotes

We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Government Quotes , Payroll Tax Quotes

I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Mean Quotes , Franklin Delano Roosevelt Quotes

Wide diversification is only required when investors do not understand what they are doing.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Success Quotes , Business Quotes

Does the business have favourable long term prospects?

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Long Quotes , Doe Quotes

I've never been very fully employed either.

5 years ago

Message Copied

Tags : Warren Buffett Quotes

[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , People Quotes , Gold Quotes

It's class warfare, my class is winning, but they shouldn't be.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Helping Others Quotes , Winning Quotes

Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Average Quotes , Two Quotes

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Temptation Quotes , Investing Quotes