Warren Buffett Quotes, War Quotes, Winning Quotes

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.

5 years ago

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Tags : Warren Buffett Quotes , War Quotes , Winning 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

If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.

5 years ago

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

Focus on return on equity, not earnings per share.

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Tags : Warren Buffett Quotes , Focus Quotes , Earning Quotes

Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.

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Tags : Warren Buffett Quotes , Business Quotes , Two Quotes

I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

Good profits simply are not inconsistent with good behavior.

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Tags : Warren Buffett Quotes , Life Quotes , Generosity 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

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.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Imagination Quotes

Be fearful when there is greed and be greedy when there is fear.

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Tags : Warren Buffett Quotes , Greed Quotes , Greedy Quotes

If you want a government that's going to do the things we ask our government to do, you've got to get it from somebody.

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Tags : Warren Buffett Quotes , Government Quotes , Want Quotes

The extraordinary business does not require good management.

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Tags : Warren Buffett Quotes , Good Man Quotes , Doe Quotes

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

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Tags : Warren Buffett Quotes , Castles Quotes , Moats Quotes

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

5 years ago

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Tags : Warren Buffett Quotes , Philosophy Quotes , Loss 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.

5 years ago

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Tags : Warren Buffett Quotes , Dog Quotes , Thinking Quotes

I wouldn’t mind going to jail if I had three cellmates who played bridge

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Tags : Warren Buffett Quotes , Bridges Quotes , Jail Quotes

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.

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Tags : Warren Buffett Quotes , Zero Quotes , Smart Quotes

Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

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Tags : Warren Buffett Quotes , Investing Quotes , Should 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.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Years Quotes

Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.

5 years ago

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Tags : Warren Buffett Quotes , Majority Quotes , Way Quotes