Warren Buffett Quotes, Knowing Quotes, Focus Quotes

Knowing what to leave out is just as important as knowing what to focus on.

5 years ago

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Tags : Warren Buffett Quotes , Knowing Quotes , Focus Quotes

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

5 years ago

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Tags : Warren Buffett Quotes , Littles Quotes , Return Quotes

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

5 years ago

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Tags : Warren Buffett Quotes , Intelligent Quotes , Successful Investing 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

Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn; the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?

5 years ago

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Tags : Warren Buffett Quotes , Government Quotes , Remember Quotes

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

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

A stock doesn't know that you own it.

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Tags : Warren Buffett Quotes

It's a big mistake to try and mislead people. They will turn around.

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Tags : Warren Buffett Quotes , Mistake Quotes , People Quotes

One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.

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Tags : Warren Buffett Quotes , Over You Quotes , Age Quotes

House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.

5 years ago

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Tags : Warren Buffett Quotes , Silly Quotes , People Quotes

On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.

5 years ago

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Tags : Warren Buffett Quotes , Phones Quotes , Giving Quotes

The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.

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Tags : Warren Buffett Quotes , Today Quotes , Tomorrow Quotes

The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.

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Tags : Warren Buffett Quotes , Teacher Quotes , Good Life Quotes

I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.

5 years ago

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Tags : Warren Buffett Quotes , Sex Quotes , Years Quotes

The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Long Quotes

If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , World Quotes

The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.

5 years ago

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Tags : Warren Buffett Quotes , World Quotes , Stuff Quotes

The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn't going to do anything for you....it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Games Quotes

The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.

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Tags : Warren Buffett Quotes , Democracy Quotes , Revulsion Quotes

In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , Years Quotes