Warren Buffett Quotes, Opportunity Quotes, Important Quotes

It is more important to say "no" to an opportunity, than to say "yes".

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Important Quotes

Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.

5 years ago

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Tags : Warren Buffett Quotes , Dog Quotes , Thinking Quotes

The most dangerous distractions are the ones you love, but that don’t love you back.

5 years ago

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Tags : Warren Buffett Quotes , Love You Quotes , Distraction 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.

5 years ago

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Tags : Warren Buffett Quotes , Past Quotes , Important Quotes

Never be afraid to ask for too much when selling or offer too little when buying.

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Tags : Warren Buffett Quotes , Littles Quotes , Too Much Quotes

Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.

5 years ago

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Tags : Warren Buffett Quotes , Team Quotes , People Quotes

...I will give you two pieces of advice. Invest as much in yourself as you can; you are your own best asset by far. Then follow your passion; you want to be really excited to get out of bed every morning.

5 years ago

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Tags : Warren Buffett Quotes , Morning Quotes , Passion Quotes

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

5 years ago

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Tags : Warren Buffett Quotes , Loyalty Quotes , Smoking Quotes

If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the market, and then you'll buy the other 900 million on the same terms. Now, the very fact that this has been authorized or will be authorized, I hope, will firm up the market to some degree. And that's fine. But you don't want to have artificial prices being paid.

5 years ago

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Tags : Warren Buffett Quotes , Degrees Quotes , Dollars Quotes

Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

5 years ago

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Tags : Warren Buffett Quotes , Keys Quotes , Giving Quotes

I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.

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Tags : Warren Buffett Quotes , Years Quotes , Tables Quotes

We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Common Sense Quotes

I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Kindness Quotes

More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of my friends-a noted West Coast philosopher-maintains that a majority of life's errors are caused by forgetting what one is really trying to do. This is certainly the case when an emotionally supercharged element like taxes enters the picture (I have another friend-a noted East Coast philosopher who says it isn't the lack of representation he minds-it's the taxation).

5 years ago

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Tags : Warren Buffett Quotes , Intelligent Quotes , Errors Quotes

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.

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Tags : Warren Buffett Quotes , Wall Quotes , Business Quotes

Emotional makeup is more important than technical skill

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Tags : Warren Buffett Quotes , Makeup Quotes , Emotional Quotes

The three most important words in investing...Margin of Safety.

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Tags : Warren Buffett Quotes , Safety Quotes , Important Quotes

The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.

5 years ago

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Tags : Warren Buffett Quotes , Team Quotes , Play Quotes

When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Faces Quotes

Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.

5 years ago

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Tags : Warren Buffett Quotes , Successful Quotes , Business Success Quotes