Warren Buffett Quotes, Past Quotes, Important Quotes

It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.

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Tags : Warren Buffett Quotes , Past Quotes , Important Quotes

There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors - large and small - should instead read Jack Bogle's The Little Book of Common Sense Investing.

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Tags : Warren Buffett Quotes , Running Quotes , Song Quotes

Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.

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Tags : Warren Buffett Quotes , People Quotes , Investing Your Time Quotes

Bad terminology is the enemy of good thinking.

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Tags : Warren Buffett Quotes , Thinking Quotes , Enemy Quotes

If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.

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Tags : Warren Buffett Quotes , Running Quotes , Should Have Quotes

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

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Tags : Warren Buffett Quotes , Success Quotes , Money Quotes

We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.

5 years ago

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Tags : Warren Buffett Quotes , Kings Quotes , Years Quotes

In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.

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Tags : Warren Buffett Quotes , Fields Quotes , Measurement Quotes

OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

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Tags : Warren Buffett Quotes , Pain Quotes , Sacrifice Quotes

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.

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Tags : Warren Buffett Quotes , Struggle Quotes , Fighting Quotes

Life is like a snowball. The important thing is finding wet snow and a really long hill.

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Tags : Warren Buffett Quotes , Long Quotes , Snow Quotes

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes

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Tags : Warren Buffett Quotes , Hero Quotes , Lucky Quotes

The smarter the journalists are, the better off society is.

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Tags : Warren Buffett Quotes , Journalist Quotes , Smarter Quotes

I think that actually people in my situation should be paying more tax.

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

When investing, pessimism is your friend, euphoria the enemy.

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Tags : Warren Buffett Quotes , Enemy Quotes , Investing Quotes

Cultivate curiosity and strive to become a little wiser every day.

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Tags : Warren Buffett Quotes , Curiosity Quotes , Littles Quotes

The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it.

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Tags : Warren Buffett Quotes , Wisdom Quotes , Ideas Quotes

On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.

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Tags : Warren Buffett Quotes , Phones Quotes , Giving Quotes

The value of a business is the cash it's going to produce in the future.

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Tags : Warren Buffett Quotes , Cash Quotes , Produce 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.

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Tags : Warren Buffett Quotes , Men Quotes , Alchemist Quotes