Warren Buffett Quotes, Years Quotes, Two Quotes

Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.

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Tags : Warren Buffett Quotes , Years Quotes , Two 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

Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't extend to investing: He lost a bundle in the South Sea Bubble, explaining later, 'I can calculate the movement of the stars, but not the madness of men.' If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.

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Tags : Warren Buffett Quotes , Stars Quotes , Business Quotes

A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.

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Tags : Warren Buffett Quotes , Memories Quotes , Home Quotes

There seems to be some perverse human characteristic that likes to make easy things difficult.

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Tags : Warren Buffett Quotes , Life Quotes , Nature Quotes

Your money can be inflated away but your knowledge and talent cannot.

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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

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Tags : Warren Buffett Quotes , Long Quotes , People Quotes

There's no use running if you're on the wrong road.

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Tags : Warren Buffett Quotes , Running Quotes , What Matters Quotes

We try to exert a Ted Williams kind of discipline. In his book The Science of Hitting, Ted explains that he carved the strike zone into 77 cells, each the size of a baseball. Swinging only at balls in his "best" cell, he knew, would allow him to bat .400; reaching for balls in his "worst" spot, the low outside corner of the strike zone, would reduce him to .230. In other words, waiting for the fat pitch would mean a trip to the Hall of Fame; swinging indiscriminately would mean a ticket to the minors.

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Tags : Warren Buffett Quotes , Baseball Quotes , Book Quotes

If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.

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Tags : Warren Buffett Quotes , Smart Quotes , Pay 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

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.

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Tags : Warren Buffett Quotes , Loss Quotes , Trying Quotes

People should always know better.

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Tags : Warren Buffett Quotes , People Quotes , Should 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.

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Tags : Warren Buffett Quotes , Zero Quotes , Believe 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

It's us fun being a horse when the tractor comes along, or the blacksmith when the car comes along.

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Tags : Warren Buffett Quotes , Horse Quotes , Fun Quotes

I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.

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Tags : Warren Buffett Quotes , May Quotes , Today Quotes

We always live in an uncertain world. What is certain is that the United States will go forward over time.

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Tags : Warren Buffett Quotes , United States Quotes , World Quotes

We have long felt that the only value of stock forecasters is to make fortune-tellers look good.

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Tags : Warren Buffett Quotes , Long Quotes , Looks Quotes

You can be sure that over the next 10 years, you'll see something that you did not think was possible.

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes