Warren Buffett Quotes, Numbers Quotes, People Quotes

In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.

4 years ago

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Tags : Warren Buffett Quotes , Numbers Quotes , People Quotes

When it's raining gold, reach for a bucket, not a thimble.

4 years ago

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Tags : Warren Buffett Quotes , Rain Quotes , Gold Quotes

I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.

4 years ago

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Tags : Warren Buffett Quotes , Book Quotes , Thinking Quotes

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

4 years ago

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Tags : Warren Buffett Quotes , Philosophy Quotes , Loss Quotes

The reaction of weak management to weak operations is often weak accounting.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Management Quotes

Inflation could be a very - is a likely consequence out of what's going on now.

4 years ago

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Tags : Warren Buffett Quotes , Inflation Quotes

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

4 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Play Quotes

I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.

4 years ago

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Tags : Warren Buffett Quotes , Perfect Quotes , Would Be Quotes

People do, as long as you have markets, you'll have excesses.

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Tags : Warren Buffett Quotes , Long Quotes , People Quotes

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

4 years ago

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Tags : Warren Buffett Quotes , Stills Quotes

You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.

4 years ago

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Tags : Warren Buffett Quotes , Three Quotes , Idiot Quotes

The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.

4 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Payroll Tax Quotes

Don't risk what is important to you, to get what is not important to you.

4 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Generosity Quotes

The dominant factors affecting control valuations are earning power (past and prospective) and asset values.

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Tags : Warren Buffett Quotes , Past Quotes , Earning Quotes

If you don't make mistakes you can't make decisions.

4 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Decision Quotes

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

4 years ago

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Tags : Warren Buffett Quotes , Risk Quotes , Jewelry Quotes

When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.

4 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Real 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.

4 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Feet Quotes

I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.

4 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Loss Quotes

People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.

4 years ago

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Tags : Warren Buffett Quotes , Golf Quotes , Skills Quotes