Warren Buffett Quotes, Summer Quotes, War Quotes

I bought my first stock in 1942, in the summer of '42. I was 11 years old. And so 75 years have gone by. And I have never known what the market's going to do the next day. And that's not my game. My game is to decide whether I'm in the right economy, which America's definitely been ever since that time. The Dow has gone from 100 to 21,000 during that time. And no matter what the headlines say, or terrible things are happening - we were losing the war in the Pacific when I first bought stocks.

5 years ago

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Tags : Warren Buffett Quotes , Summer Quotes , War Quotes

A CEO's behavior has a huge impact on managers down the line.

5 years ago

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Tags : Warren Buffett Quotes , Impact Quotes , Lines Quotes

The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.

5 years ago

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Tags : Warren Buffett Quotes , Disappointment Quotes , Lessons Quotes

It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Views Quotes

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.

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Tags : Warren Buffett Quotes , Insightful Quotes , Investing Quotes

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Views Quotes

Money will not change how healthy you are or how many people love you.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Love You Quotes

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Guy Quotes

Things you like to do should be a hobby of yours, but things the world does should be a business of yours.

5 years ago

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Tags : Warren Buffett Quotes , Hobbies Quotes , Doe Quotes

The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.

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

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Important Quotes

The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.

5 years ago

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Tags : Warren Buffett Quotes , Good Night Quotes , Sleep Quotes

Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.

5 years ago

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Tags : Warren Buffett Quotes , Dog Quotes , Thinking Quotes

If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.

5 years ago

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Tags : Warren Buffett Quotes , Prayer Quotes , Differences Quotes

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

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Tags : Warren Buffett Quotes , Impossible Quotes , Ceo Quotes

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

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Tags : Warren Buffett Quotes , Love Quotes , Marriage 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.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Financial Quotes

If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.

5 years ago

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Tags : Warren Buffett Quotes , Loser Quotes , Winner Quotes

[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.

5 years ago

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Tags : Warren Buffett Quotes , Government Quotes , Years Quotes

Honesty is a very expensive gift, Don't expect it from cheap people.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Life Quotes