Warren Buffett Quotes, Circles Quotes, Important Quotes

The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Important Quotes

Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

5 years ago

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Tags : Warren Buffett Quotes , Greek Quotes , Investing Quotes

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

5 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Play Quotes

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood; in fact, if it occurswe will be selling life jackets to the unprepared.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Believe Quotes

Other guys read Playboy. I read annual reports.

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Tags : Warren Buffett Quotes , Guy Quotes , Annual Reports 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'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

5 years ago

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Tags : Warren Buffett Quotes , Loyalty Quotes , Smoking Quotes

As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , People Quotes

I think that actually people in my situation should be paying more tax.

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.

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Tags : Warren Buffett Quotes , Minorities Quotes , Investment Quotes

The single most important decision in evaluating a business is pricing power.

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Tags : Warren Buffett Quotes , Decision Quotes , Important Quotes

Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.

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Tags : Warren Buffett Quotes , Majority Quotes , Way Quotes

It’s not that I want money. It’s the fun of making money and watching it grow.

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Tags : Warren Buffett Quotes , Fun Quotes , Want Quotes

The best education you can get is investing in yourself, and that doesn't mean college or university.

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Tags : Warren Buffett Quotes , Mean Quotes , College Quotes

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

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Tags : Warren Buffett Quotes , Money Quotes , Business Quotes

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes

Never give up searching for the job that you're passionate about.

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Tags : Warren Buffett Quotes , Jobs Quotes , Giving Up Quotes

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.

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Tags : Warren Buffett Quotes , Government Quotes , Saving Quotes

The wise man once said invest young

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Tags : Warren Buffett Quotes , Wise Quotes , Men Quotes

I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Essentials Quotes