Warren Buffett Quotes, Business Quotes, Decision Quotes

Earnings can be pliable as putty when a charlatan heads the company reporting them.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Decision Quotes

We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Needs Quotes

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

5 years ago

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Tags : Warren Buffett Quotes , Swings Quotes , Games Quotes

No matter how great the talent or efforts, some things just take time.

5 years ago

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Tags : Warren Buffett Quotes , Smart Quotes , Investing Money Quotes

And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really isn't the problem we have. I mean that's where it came from, though. We leveraged up and if you have a 20 percent fall in value of a $20 trillion asset, that's $4 trillion. And when $4 trillion lands - losses land in the wrong part of this economy, it can gum up the whole place.

5 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Mean Quotes

You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.

5 years ago

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Tags : Warren Buffett Quotes , Decision Quotes , Temptation 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

I always invest in companies an idiot could run, because one day one will.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , One Day Quotes

In economics, you always want to ask 'And then what?'

5 years ago

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Tags : Warren Buffett Quotes , Insightful Quotes , Investing Quotes

I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.

5 years ago

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Tags : Warren Buffett Quotes , Source Quotes , Annual Reports Quotes

Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.

5 years ago

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Tags : Warren Buffett Quotes , Sloth Quotes , Style Quotes

I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Country Quotes

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.

5 years ago

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Tags : Warren Buffett Quotes , Insightful Quotes , Investing Quotes

The dumbest reason in the world to buy a stock is because it's going up.

5 years ago

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Tags : Warren Buffett Quotes , World Quotes

The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Helping Quotes

I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.

5 years ago

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Tags : Warren Buffett Quotes , Cash Flow Quotes , Long Quotes

We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Thinking Quotes

We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.

5 years ago

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Tags : Warren Buffett Quotes , Hangover Quotes , May 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