Warren Buffett Quotes, Castles Quotes, Moats Quotes

In business, I look for economic castles protected by unbreachable 'moats'.

4 years ago

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Tags : Warren Buffett Quotes , Castles Quotes , Moats Quotes

When you combine ignorance and leverage, you get some pretty interesting results.

4 years ago

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

If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.

4 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Past Quotes

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Mean 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.

4 years ago

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Tags : Warren Buffett Quotes , People Quotes , Intelligence Quotes

You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.

4 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Writing Quotes

Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.

4 years ago

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Tags : Warren Buffett Quotes , Average Quotes , Two Quotes

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

4 years ago

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Tags : Warren Buffett Quotes , Investing Quotes

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

4 years ago

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Tags : Warren Buffett Quotes , Patient Quotes , Wealth Quotes

The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.

4 years ago

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Tags : Warren Buffett Quotes , Morning Quotes , Giving Quotes

We're perfectly willing to trade away a big payoff for a certain payoff.

4 years ago

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Tags : Warren Buffett Quotes , Bigs Quotes , Payoff Quotes

If you hit a hole in one every hole, you wouldn’t play golf for very long.

4 years ago

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Tags : Warren Buffett Quotes , Golf Quotes , Play Quotes

It is not necessary to do extraordinary things to get extraordinary results.

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Tags : Warren Buffett Quotes , Motivational Quotes , Investing Quotes

If you're in a card game and you can't figure out who the patsy is, you're it.

4 years ago

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Tags : Warren Buffett Quotes , Games Quotes , Cards Quotes

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

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Tags : Warren Buffett Quotes , Views Quotes , Investing Quotes

I know what I want to do and it makes sense to get going.

4 years ago

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Tags : Warren Buffett Quotes , Want Quotes , Make Sense Quotes

The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the "know-nothings" - must win.

4 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Winning Quotes

If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.

4 years ago

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Tags : Warren Buffett Quotes , Advice Quotes , Investing Quotes

And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really isn't the problem we have. I mean that's where it came from, though. We leveraged up and if you have a 20 percent fall in value of a $20 trillion asset, that's $4 trillion. And when $4 trillion lands - losses land in the wrong part of this economy, it can gum up the whole place.

4 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Mean Quotes

Turnarounds seldom turn.

4 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Turnaround Quotes