Warren Buffett Quotes, Zero Quotes, Believe Quotes

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood; in fact, if it occurswe will be selling life jackets to the unprepared.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Believe Quotes

In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.

5 years ago

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Tags : Warren Buffett Quotes , Baseball Quotes , Running Quotes

I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.

5 years ago

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Tags : Warren Buffett Quotes , Goal Quotes , Priorities Quotes

If principles can become dated, they're not principles.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Generosity Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Management Quotes

If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.

5 years ago

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Tags : Warren Buffett Quotes , Trying Quotes , Scare Quotes

The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.

5 years ago

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

I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.

5 years ago

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Tags : Warren Buffett Quotes , Hero Quotes , Years Quotes

The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Insightful Quotes

The key to success is emotional stability.

5 years ago

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Tags : Warren Buffett Quotes , Emotional Quotes , Keys Quotes

If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.

5 years ago

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Tags : Warren Buffett Quotes , Home Quotes , Years 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.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Intelligence Quotes

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

5 years ago

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Tags : Warren Buffett Quotes , Records Quotes , Enough Quotes

I've often felt there might be more to be gained by studying business failures than business successes.

5 years ago

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Tags : Warren Buffett Quotes , Business Success Quotes , Might Quotes

Never invest in a business you can't understand

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Investing Quotes

I have three boxes on my desk: In, Out, and Too Hard.

5 years ago

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Tags : Warren Buffett Quotes , Three Quotes , Boxes Quotes

Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.

5 years ago

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Tags : Warren Buffett Quotes , Might Quotes , Management Quotes

My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.

5 years ago

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Tags : Warren Buffett Quotes , Real Quotes , Victory Quotes

I buy expensive suits - they just look cheap on me.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Funny Quotes

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Business Quotes