Warren Buffett Quotes, Long Ago Quotes, Investing Quotes

Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

5 years ago

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Tags : Warren Buffett Quotes , Long Ago Quotes , Investing Quotes

We enjoy the process far more than the proceeds.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , War 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

The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Payroll Tax Quotes

The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.

5 years ago

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Tags : Warren Buffett Quotes , Offering Quotes , Foolish Quotes

Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.

5 years ago

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Tags : Warren Buffett Quotes , Minorities Quotes , Investment Quotes

Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Party Quotes

If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Age 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

You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.

5 years ago

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Tags : Warren Buffett Quotes , Simple Quotes , Swings Quotes

The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Globes Quotes

Does the business have a consistent operating history?

5 years ago

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Tags : Warren Buffett Quotes , Doe Quotes , Investing 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

This economy doesn't work well without the lubrication of credit and trust.

5 years ago

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Tags : Warren Buffett Quotes , Credit Quotes , Economy Quotes

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Smart Quotes

You know ... you keep doing the same things and you keep getting the same result over and over again.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Investing Quotes

A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Mentor Quotes

I've already written a section in the annual report for next year explaining why I think in one case that the figures on our balance sheet as calculated are wrong. But it's the standard way of doing it. It's holy writ. The SEC wants us to do it that way, and we'll do it that way, and I'll explain why I think it's wrong and shareholders can read it and see whether they agree with my logic or don't.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

A CEO's behavior has a huge impact on managers down the line.

5 years ago

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Tags : Warren Buffett Quotes , Impact Quotes , Lines Quotes

I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Thinking Quotes