Warren Buffett Quotes, Optimism Quotes, Enemy Quotes

The most common cause of low prices is pessimism - some times pervasive, some times 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. It's optimism that is the enemy of the rational buyer.

5 years ago

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Tags : Warren Buffett Quotes , Optimism Quotes , Enemy Quotes

I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.

5 years ago

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Tags : Warren Buffett Quotes , Fun Quotes , Mean Quotes

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Investment Quotes

In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.

5 years ago

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Tags : Warren Buffett Quotes , Numbers Quotes , People Quotes

The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Investing Quotes

It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Decision Quotes

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

5 years ago

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Tags : Warren Buffett Quotes , Important Quotes , Quality Quotes

My idea of a group decision is to look in the mirror.

5 years ago

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Tags : Warren Buffett Quotes , Mirrors Quotes , Ideas Quotes

I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.

5 years ago

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Tags : Warren Buffett Quotes , Practice Quotes , Long Quotes

Investors should remember that excitement and expenses are their enemies.

5 years ago

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Tags : Warren Buffett Quotes , Investing Money Quotes , Investment Success Quotes

The reaction of weak management to weak operations is often weak accounting.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Management Quotes

I learned to go into business only with people whom I like, trust, and admire.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes

... not doing what we love in the name of greed is very poor management of our lives.

5 years ago

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

So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense.

5 years ago

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Tags : Warren Buffett Quotes , Guy Quotes , May Quotes

The important thing is to keep playing, to play against weak opponents and to play for big stakes.

5 years ago

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Tags : Warren Buffett Quotes , Play Quotes , Important Quotes

Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.

5 years ago

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Tags : Warren Buffett Quotes , Family And Friends Quotes , Would Be Quotes

If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Ideas Quotes

Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.

5 years ago

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Tags : Warren Buffett Quotes , Dumb Quotes , Acknowledge Quotes

Buy stocks like you buy your groceries, not like you buy your perfume.

5 years ago

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Tags : Warren Buffett Quotes , Like You Quotes , Groceries Quotes

I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.

5 years ago

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Tags : Warren Buffett Quotes , Wind Farms Quotes , Law Quotes