Warren Buffett Quotes, Loyalty Quotes, Smoking 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

We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Needs Quotes

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Kids Quotes

Money is not everything. Make sure you earn a lot before speaking such nonsense.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

5 years ago

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Tags : Warren Buffett Quotes , Pieces Quotes , Paper Quotes

We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.

5 years ago

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Tags : Warren Buffett Quotes , Views Quotes , Investing Quotes

When somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have social tools, and you're going to feel like an idiot if you didn't do it, because the house cost more.

5 years ago

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Tags : Warren Buffett Quotes , Lying Quotes , Giving Quotes

Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.

5 years ago

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Tags : Warren Buffett Quotes , Get Well Quotes , Mistake Quotes

The ability to say no is a tremendous advantage for an investor.

5 years ago

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Tags : Warren Buffett Quotes , Money Quotes , Investing 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

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

I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.

5 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Thinking 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

Tell me your heroes and I'll tell you how your life will end up

5 years ago

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Tags : Warren Buffett Quotes , Sports Quotes , Hero 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

It's much easier to stay out of trouble now than to get out of trouble later.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Generosity Quotes

In the world of business, the people who are most successful are those who are doing what they love.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Successful Quotes

Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.

5 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Party Quotes

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

5 years ago

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

Read 500 pages every day. That's how knowledge works. It builds up like compound interest.

5 years ago

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Tags : Warren Buffett Quotes , Pages Quotes , Interest Quotes