Warren Buffett Quotes, Men Quotes, Alchemist Quotes

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.

5 years ago

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Tags : Warren Buffett Quotes , Men Quotes , Alchemist Quotes

When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.

5 years ago

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Tags : Warren Buffett Quotes , Bridges Quotes , Principles Quotes

We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.

5 years ago

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Tags : Warren Buffett Quotes , Couple Quotes , Thinking Quotes

Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.

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Tags : Warren Buffett Quotes , Ideas Quotes , People Quotes

Buy a business, don't rent stocks.

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Tags : Warren Buffett Quotes

I don't read economic forecasts. I don't read the funny papers.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Paper 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.

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Tags : Warren Buffett Quotes , Keys Quotes , Giving Quotes

The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.

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Tags : Warren Buffett Quotes , People Quotes , Appreciate Quotes

Good big decisions do not take time at all, if they do you are in trouble.

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Tags : Warren Buffett Quotes , Decision Quotes , Trouble Quotes

[Economy] is flat on the floor, and the paramedics have arrived. And they shouldn't argue about whether they put the resuscitation equipment a quarter of an inch this way or a quarter of an inch this way, or they shouldn't start criticizing the patient, because he didn't have a blood pressure test or something like that. They should do what's needed right now.

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Tags : Warren Buffett Quotes , Blood Quotes , Tests Quotes

I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.

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Tags : Warren Buffett Quotes , Crazy Quotes , Thinking Quotes

To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , School Quotes

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

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Tags : Warren Buffett Quotes , Records Quotes , Enough Quotes

You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.

5 years ago

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Tags : Warren Buffett Quotes , War Quotes , Opportunity Quotes

OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

5 years ago

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Tags : Warren Buffett Quotes , Pain Quotes , Sacrifice Quotes

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

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Tags : Warren Buffett Quotes , Moving Quotes , Kids Quotes

Risk can be greatly reduced by concentrating on only a few holdings.

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Tags : Warren Buffett Quotes , Risk Quotes , Investing Quotes

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes

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Tags : Warren Buffett Quotes , Hero Quotes , Lucky 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

You know, with your money and my brains, I mean, there's no telling how far we'd go.

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Tags : Warren Buffett Quotes , Mean Quotes , Brain Quotes