Warren Buffett Quotes, Half Quotes, Buffets Quotes

If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.

5 years ago

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Tags : Warren Buffett Quotes , Half Quotes , Buffets Quotes

My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.

5 years ago

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Tags : Warren Buffett Quotes , Real Quotes , Victory Quotes

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.

5 years ago

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Tags : Warren Buffett Quotes , Machines Quotes , Investing Quotes

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Track Quotes

I made my first investment at age eleven. I was wasting my life up until then.

5 years ago

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Tags : Warren Buffett Quotes , Age Quotes , Firsts Quotes

The power of unconditional love. I mean, there is no power on earth like unconditional love.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Unconditional Love Quotes

Getting fired can produce a particularly bountiful payday for a CEO. Indeed, he can 'earn' more in that single day, while cleaning out his desk, than an American worker earns in a lifetime of cleaning toilets. Forget the old maxim about nothing succeeding like success: Today, in the executive suite, the all-too-prevalent rule is that nothing succeeds like failure.

5 years ago

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Tags : Warren Buffett Quotes , Toilets Quotes , Today Quotes

Never risk what you have and need for what we don't have and don't need.

5 years ago

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Tags : Warren Buffett Quotes , Risk Quotes

If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Investing Quotes

Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.

5 years ago

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Tags : Warren Buffett Quotes , Integrity Quotes , Passion Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Decision Quotes , Analysis Quotes

I think the FDIC was one of the great inventions of the American.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Great Inventions Quotes

Focus on return on equity, not earnings per share.

5 years ago

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Tags : Warren Buffett Quotes , Focus Quotes , Earning Quotes

Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth".

5 years ago

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Tags : Warren Buffett Quotes , Competition Quotes , May Quotes

If at first you do succeed, quit trying on investing.

5 years ago

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Tags : Warren Buffett Quotes , Trying Quotes , Investing Quotes

The first rule is not to lose. The second rule is not to forget the first rule.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Loss Quotes

There are certain things that cannot be adequately explained to a virgin either by words or pictures.

5 years ago

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Tags : Warren Buffett Quotes , One Line Quotes , One Liner Quotes

We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , People Quotes

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

5 years ago

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Tags : Warren Buffett Quotes , Rocks Quotes , Anomalies Quotes

Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Long Quotes