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

The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.

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Tags : Warren Buffett Quotes , Wall Quotes , Patient Quotes

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

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Tags : Warren Buffett Quotes , Stills Quotes

If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.

4 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Names Quotes

Unless your answers are clearly better, copy the answers of your betters.

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Tags : Warren Buffett Quotes , Answers Quotes

During inflation, Goodwill is the gift that keeps on giving.

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Tags : Warren Buffett Quotes , Vacation Quotes , Giving Quotes

The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.

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Tags : Warren Buffett Quotes , Teacher Quotes , Good Life Quotes

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.

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Tags : Warren Buffett Quotes , Success Quotes , Business Quotes

If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.

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Tags : Warren Buffett Quotes , Years Quotes , Waste Quotes

If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Years Quotes

An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

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Tags : Warren Buffett Quotes , Investing Quotes , Pieces Quotes

If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.

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Tags : Warren Buffett Quotes , Years Quotes , Investing Quotes

The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Believe Quotes

I look at everything. That's my job. I really do, every day. I think about everything.

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Tags : Warren Buffett Quotes , Jobs Quotes , Thinking Quotes

We enjoy the process far more than the proceeds.

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes

What's going to happen - things we're doing are going to have some inflationary consequences.

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Tags : Warren Buffett Quotes , Happens Quotes

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

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Tags : Warren Buffett Quotes , Opportunity Quotes , Encounters Quotes

I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.

4 years ago

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Tags : Warren Buffett Quotes , Ideas Quotes , Important Quotes

Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.

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Tags : Warren Buffett Quotes , People Quotes , Intelligence Quotes

Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.

4 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Oxygen Quotes