Warren Buffett Quotes, Wall Quotes, Business Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Business 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

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , War 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

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

5 years ago

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Tags : Warren Buffett Quotes , Pieces Quotes , Paper 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

Buy companies with strong histories of profitability and with a dominant business franchise.

5 years ago

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Tags : Warren Buffett Quotes , Strong Quotes , Investing Quotes

My idea of a group decision is to look in the mirror.

5 years ago

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Tags : Warren Buffett Quotes , Mirrors Quotes , Ideas Quotes

All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.

5 years ago

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Tags : Warren Buffett Quotes , Organization Quotes , Promise Quotes

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Trying 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

You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

5 years ago

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Tags : Warren Buffett Quotes , Rich Quotes , Neighbor Quotes

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

5 years ago

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Tags : Warren Buffett Quotes , Investing 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

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.

5 years ago

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Tags : Warren Buffett Quotes , Children Quotes , Believe 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

John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.

5 years ago

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Tags : Warren Buffett Quotes , Trying Quotes , Keynes Quotes

You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?

5 years ago

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Tags : Warren Buffett Quotes , Feet Quotes , Gold 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

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes