Warren Buffett Quotes, Long Quotes, People Quotes

As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.

4 years ago

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Tags : Warren Buffett Quotes , Long Quotes , People Quotes

It's better to build than to buy if you can find the right people.

4 years ago

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Tags : Warren Buffett Quotes , People Quotes

I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.

4 years ago

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Tags : Warren Buffett Quotes , Differences Quotes , Giving Quotes

I've already written a section in the annual report for next year explaining why I think in one case that the figures on our balance sheet as calculated are wrong. But it's the standard way of doing it. It's holy writ. The SEC wants us to do it that way, and we'll do it that way, and I'll explain why I think it's wrong and shareholders can read it and see whether they agree with my logic or don't.

4 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

Valuing a business is part art and part science.

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There are certain things that cannot be adequately explained to a virgin either by words or pictures.

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Tags : Warren Buffett Quotes , One Line Quotes , One Liner Quotes

People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.

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Tags : Warren Buffett Quotes , Crazy Quotes , Sea Quotes

Growth and value investing are joined at the hip.

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Tags : Warren Buffett Quotes , Growth Quotes , Investing Quotes

John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.

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Tags : Warren Buffett Quotes , Trying Quotes , Keynes Quotes

I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.

4 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Years Quotes

In the end we must have people to match our principles, not the reverse.

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Tags : Warren Buffett Quotes , People Quotes , Principles Quotes

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

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Tags : Warren Buffett Quotes , Thinking Quotes , Views Quotes

I would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.

4 years ago

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Tags : Warren Buffett Quotes , Presidential Quotes , Important Quotes

It's just that right now the athlete's on the floor. But we - this is a super athlete.

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Tags : Warren Buffett Quotes , Athlete Quotes

An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.

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Tags : Warren Buffett Quotes , Succeed Quotes , Emotion Quotes

Either they're trying to con you or they're trying to con themselves.

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Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Imagination Quotes

A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.

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Tags : Warren Buffett Quotes , Long Quotes , Tree Quotes

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.

4 years ago

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Tags : Warren Buffett Quotes , Men Quotes , Alchemist Quotes

The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read "one year's experience-twenty times.

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Tags : Warren Buffett Quotes , Jobs Quotes , Years Quotes