Warren Buffett Quotes, Past Quotes, Important Quotes

It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.

4 years ago

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Tags : Warren Buffett Quotes , Past Quotes , Important Quotes

Never invest in a business you can't understand

4 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Investing Quotes

I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.

4 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Silly Quotes

A single year's performance is of minor importance and, good or bad, should never be taken seriously.

4 years ago

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Tags : Warren Buffett Quotes , Taken Quotes , Years Quotes

It is madness to risk losing what you need in pursuing what you simply desire.

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Tags : Warren Buffett Quotes , Risk Quotes , Desire Quotes

When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.

4 years ago

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Tags : Warren Buffett Quotes , Country Quotes , Party Quotes

That which is not worth doing at all is not worth doing well.

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Buy into a company because you want to own it, not because you want the stock to go up.

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

Things you like to do should be a hobby of yours, but things the world does should be a business of yours.

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Tags : Warren Buffett Quotes , Hobbies Quotes , Doe Quotes

As one of my older friends says, "Nostalgia just isn't what it used to be." Let's take a stab at it, anyway.

4 years ago

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Tags : Warren Buffett Quotes , Nostalgia Quotes , Used 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

A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.

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Tags : Warren Buffett Quotes , Investing Quotes , Predictions Quotes

A fool and his money are soon invited everywhere.

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Tags : Warren Buffett Quotes , Money Quotes , Italian Quotes

When the brothel burns down, even the pretty girls have to run out.

4 years ago

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Tags : Warren Buffett Quotes , Girl Quotes , Running Quotes

I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.

4 years ago

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Tags : Warren Buffett Quotes , Dad Quotes , Home Quotes

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

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Tags : Warren Buffett Quotes , Crush Quotes , Events Quotes

Is management candid with the shareholders?

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Tags : Warren Buffett Quotes , Investing Quotes , Management Quotes

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

4 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Buying Quotes

We don't get paid for being busy, we get paid for being right.

4 years ago

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Tags : Warren Buffett Quotes , Busy Quotes , Being Busy Quotes

Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.

4 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes