Warren Buffett Quotes, Party Quotes, Believe Quotes

I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.

5 years ago

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Tags : Warren Buffett Quotes , Party Quotes , Believe Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Decision Quotes , Trouble Quotes

As far as you are concerned, the stock market does not exist. Ignore it.

5 years ago

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Tags : Warren Buffett Quotes , Doe Quotes , Investing Quotes

What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.

5 years ago

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Tags : Warren Buffett Quotes , Information Quotes , Conclusion 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

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

5 years ago

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

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Investing Money Quotes

We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.

5 years ago

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Tags : Warren Buffett Quotes , Fighting Quotes , Choices Quotes

Is management candid with the shareholders?

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Management Quotes

What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Knowing Quotes

Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about.

5 years ago

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Tags : Warren Buffett Quotes , Loss Quotes , Trying Quotes

You do not adequately protect yourself by being half awake when other are sleeping.

5 years ago

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Tags : Warren Buffett Quotes , Sleep Quotes , Investing Quotes

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

5 years ago

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Tags : Warren Buffett Quotes , Forever Quotes , Mind Quotes

There is no substitute for a local newspaper that is doing its job.

5 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Newspapers Quotes

With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when

5 years ago

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Tags : Warren Buffett Quotes , Worry Quotes , Focus Quotes

My favorite time frame for holding a stock is forever.

5 years ago

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Tags : Warren Buffett Quotes , Forever Quotes

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.

5 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Doe Quotes

The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Helping 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 range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Writing Quotes