Warren Buffett Quotes, Thinking Quotes, Numbers Quotes

Charlie and I have a number of filters that things have to get through before we'll think about them.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Numbers Quotes

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

5 years ago

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Tags : Warren Buffett Quotes , Opportunity Quotes , Long Quotes

Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.

5 years ago

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Tags : Warren Buffett Quotes , Eye Quotes , Player Quotes

When they get their ego involved, people do things they shouldn't do.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Ego Quotes

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

5 years ago

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Tags : Warren Buffett Quotes , Pockets Quotes , Burning Quotes

Never test the depth of river with both the feet.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Rivers 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

Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.

5 years ago

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Tags : Warren Buffett Quotes , Player Quotes , Bridges Quotes

Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.

5 years ago

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Tags : Warren Buffett Quotes , Hurt Quotes , Business Quotes

If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.

5 years ago

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Tags : Warren Buffett Quotes , Games Quotes , Assets Quotes

... not doing what we love in the name of greed is very poor management of our lives.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Investment Success Quotes

Every company that has an economist working for him has one employee too many.

5 years ago

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Tags : Warren Buffett Quotes , Employee Quotes , Economist Quotes

So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense.

5 years ago

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Tags : Warren Buffett Quotes , Guy Quotes , May Quotes

I like to buy things I can understand. I do a lot of research on things.

5 years ago

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Tags : Warren Buffett Quotes , Research Quotes

Benign neglect, bordering on sloth, remains the hallmark of our investment process.

5 years ago

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Tags : Warren Buffett Quotes , Sloth Quotes , Investment Quotes

It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.

5 years ago

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Tags : Warren Buffett Quotes , Impossible Quotes , Ceo Quotes

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Mass Destruction Quotes

Our favorite holding period is forever.

5 years ago

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Tags : Warren Buffett Quotes , Funny Inspirational Quotes , Business Quotes

The advice "you never go broke taking a profit" is foolish.

5 years ago

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Tags : Warren Buffett Quotes , Advice Quotes , Investing Quotes

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

5 years ago

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Tags : Warren Buffett Quotes , Records Quotes , Enough Quotes