Warren Buffett Quotes, Jobs Quotes, Play Quotes

Take the job you would take if you were independently wealthy. You're going to do well at it.

5 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Play Quotes

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Waiting Quotes

When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Party Quotes

There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks (whether the manager is handling one thousand dollars or one billion dollars) is not being operated logically. The addition of the one hundredth stock simply can't reduce the potential variance in portfolio performance sufficiently to compensate for the negative effect its inclusion has on the overall portfolio expectation.

5 years ago

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Tags : Warren Buffett Quotes , Expectations Quotes , Negative Quotes

Learning how to live is much more important than learning how to make a living.

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Tags : Warren Buffett Quotes , Inspirational Life Quotes

Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.

5 years ago

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Tags : Warren Buffett Quotes , Trying Quotes , Littles Quotes

I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.

5 years ago

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Tags : Warren Buffett Quotes , Hero Quotes , Practice Quotes

It is madness to risk losing what you need in pursuing what you simply desire.

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Tags : Warren Buffett Quotes , Risk Quotes , Desire Quotes

In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

Never invest in a business you can't understand

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Investing Quotes

Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.

5 years ago

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Tags : Warren Buffett Quotes , Hurt Quotes , Business Quotes

We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Practice Quotes

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.

5 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Doe Quotes

It's easier to create money than to spend it.

5 years ago

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Tags : Warren Buffett Quotes

If the reason for doing something is that everyone else is doing it, it's not a good enough reason.

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Tags : Warren Buffett Quotes , Reason Quotes , Good Enough Quotes

It's never paid to bet against America. We come through things, but its not always a smooth ride.

5 years ago

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Tags : Warren Buffett Quotes , America Quotes , Smooth Quotes

We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

5 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Decision Quotes

I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Thinking Quotes

In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , Years Quotes

... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.

5 years ago

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