Warren Buffett Quotes, Dog Quotes, Thinking 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.

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Tags : Warren Buffett Quotes , Dog Quotes , Thinking Quotes

If you cannot control your emotions, you cannot control your money.

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Tags : Warren Buffett Quotes , Emotion Quotes

The investor of today does not profit from yesterday's growth.

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Tags : Warren Buffett Quotes , War Quotes , Past 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.

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Tags : Warren Buffett Quotes , Games Quotes , Assets Quotes

If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.

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Tags : Warren Buffett Quotes , Moving Quotes , Gun Quotes

Continually challenge and be willing to amend your best loved ideas.

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Tags : Warren Buffett Quotes , Best Love Quotes , Ideas Quotes

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

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Tags : Warren Buffett Quotes , Eye Quotes , Player Quotes

No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.

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Tags : Warren Buffett Quotes , Crazy Quotes , Feet Quotes

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

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Tags : Warren Buffett Quotes , Temptation Quotes , Investing Quotes

The stockmarket is a semi-psychotic creature given to extremes of elation and despair.

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Tags : Warren Buffett Quotes , Despair Quotes , Elation Quotes

In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.

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Tags : Warren Buffett Quotes , Bridges Quotes , Dollars Quotes

If you don't know the Jewelry, know the Jeweller

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Tags : Warren Buffett Quotes , Risk Quotes , Jewelry Quotes

You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.

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Tags : Warren Buffett Quotes , Thinking Quotes , Magic Quotes

I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.

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Tags : Warren Buffett Quotes , Country Quotes , Gum Quotes

The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.

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Tags : Warren Buffett Quotes , People Quotes , Helping Quotes

To win, the first thing you have to do is not lose.

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Tags : Warren Buffett Quotes , Winning Quotes , Firsts Quotes

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

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Tags : Warren Buffett Quotes , Two Quotes , Gold Quotes

I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.

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Tags : Warren Buffett Quotes , Military Quotes , Mean Quotes

I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.

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Tags : Warren Buffett Quotes , Jobs Quotes , Children Quotes

We would do best in a market where everyone acted foolishly.

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Tags : Warren Buffett Quotes