Warren Buffett Quotes, Good Man Quotes, Doe Quotes

The extraordinary business does not require good management.

5 years ago

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Tags : Warren Buffett Quotes , Good Man Quotes , Doe Quotes

You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.

5 years ago

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Tags : Warren Buffett Quotes , Three Quotes , Idiot Quotes

We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , People Quotes

I would say the biggest single cause was we had an incredible residential real estate bubble.

5 years ago

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Tags : Warren Buffett Quotes , Real Quotes , Causes Quotes

The trick is, when there is nothing to do, do nothing.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Generosity 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.

5 years ago

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Tags : Warren Buffett Quotes , Phones Quotes , Giving Quotes

I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.

5 years ago

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Tags : Warren Buffett Quotes , Summer Quotes , Memories Quotes

A bull market is like sex. It feels best just before it ends.

5 years ago

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Tags : Warren Buffett Quotes , Sex Quotes , Bulls 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

Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

5 years ago

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Tags : Warren Buffett Quotes , Looks Quotes , Esoteric Quotes

Uncertainty is the friend of the buyer of long term values.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Buyers Quotes

Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.

5 years ago

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Tags : Warren Buffett Quotes , Keys Quotes , Degrees Quotes

You should invest in a business that even a fool can run, because someday a fool will.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Fool Quotes

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

5 years ago

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Tags : Warren Buffett Quotes , Funny Quotes , Success Quotes

Things you like to do should be a hobby of yours, but things the world does should be a business of yours.

5 years ago

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Tags : Warren Buffett Quotes , Hobbies Quotes , Doe Quotes

I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: "My name is Warren and I'm an aeroholic." And then they talk me down.

5 years ago

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Tags : Warren Buffett Quotes , Morning Quotes , Names Quotes

You pay a very high price in the stock market for a cheery consensus.

5 years ago

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Tags : Warren Buffett Quotes , Pay Quotes , Consensus Quotes

I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.

5 years ago

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Tags : Warren Buffett Quotes , Microsoft Quotes , Mail 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