Warren Buffett Quotes, Circles Quotes, Competence Quotes

If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Competence Quotes

Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

5 years ago

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Tags : Warren Buffett Quotes , Looks Quotes , Esoteric Quotes

In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.

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Tags : Warren Buffett Quotes , Thinking Quotes , Financial Quotes

If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Names Quotes

But, surprise - none of these blockbuster events made the slightest dent in Ben Graham's investment principles. Nor did they render unsound the negotiated purchases of fine businesses at sensible prices. Imagine the cost to us, then, if we had let a fear of unknowns cause us to defer or alter the deployment of capital. Indeed, we have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.

5 years ago

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Tags : Warren Buffett Quotes , Deployment Quotes , Principles Quotes

The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.

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Tags : Warren Buffett Quotes , Teacher Quotes , People Quotes

It's never paid to bet against America. We come through things, but its not always a smooth ride.

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Tags : Warren Buffett Quotes , America Quotes , Smooth Quotes

I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?

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Tags : Warren Buffett Quotes , Mean Quotes , America Quotes

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

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Tags : Warren Buffett Quotes , Mirrors Quotes , Ideas Quotes

Energy deregulation will be the largest transfer of wealth in history.

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Tags : Warren Buffett Quotes , Energy Quotes , Deregulation Quotes

The only time to buy these is on a day with no 'y' in it.

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Tags : Warren Buffett Quotes , Funny Quotes , Life Quotes

I can't promise results, but I can promise a common destiny.

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Tags : Warren Buffett Quotes , Destiny Quotes , Promise Quotes

The Noah rule: Predicting rain doesn't count; building arks does.

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Tags : Warren Buffett Quotes , Rain Quotes , Ark Quotes

People do, as long as you have markets, you'll have excesses.

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Tags : Warren Buffett Quotes , Long Quotes , People Quotes

Lethargy, bordering on sloth should remain the cornerstone of an investment style.

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Tags : Warren Buffett Quotes , Style Quotes , Sloth Quotes

The Fed is the greatest hedge fund in history.

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Tags : Warren Buffett Quotes , Feds Quotes , Fund Quotes

The approach and strategies are very similar in that you gather all the information you can and then keep adding to that base of information as things develop. You do whatever the probabilities indicated based on the knowledge that you have at that time, but you are always willing to modify your behaviour or your approach as you get new information. In bridge, you behave in a way that gets the best from your partner. And in business, you behave in the way that gets the best from your managers and your employees.

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Tags : Warren Buffett Quotes , Bridges Quotes , Behaviour Quotes

Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.

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Tags : Warren Buffett Quotes , Long Quotes , Intrinsic Value Quotes

It makes a difference who the treasury secretary is.

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Tags : Warren Buffett Quotes , Differences Quotes , Making A Difference Quotes

You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.

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Tags : Warren Buffett Quotes , Criminals Quotes , Financial Quotes