Warren Buffett Quotes, Country Quotes, Mistake Quotes

We have to live with the rest of the world. And it's a mistake, in my view. Trade has generally developed in this country. We actually export 12 or 13 percent of our GDP. It was only 5 percent in 1970. But it benefits us. It benefits the rest of the world. It doesn't benefit the steelworker maybe in Ohio. And that's the problem that has to be addressed, because when you have something that's good for society, but terribly harmful for given individuals, we have got to make sure those individuals are taken care of.

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Tags : Warren Buffett Quotes , Country Quotes , Mistake Quotes

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

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Tags : Warren Buffett Quotes , Ignorance Quotes , Littles Quotes

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.

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Tags : Warren Buffett Quotes , Baby Quotes , Successful Quotes

Investing is simple, but not easy.

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Tags : Warren Buffett Quotes , Money Quotes , Simple Quotes

Cash combined with courage in a time of crisis is priceless.

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Tags : Warren Buffett Quotes , Intelligent Quotes , Investing Quotes

The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.

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Tags : Warren Buffett Quotes , People Quotes , Greed Quotes

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

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Tags : Warren Buffett Quotes , Thinking Quotes , Important Quotes

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

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Tags : Warren Buffett Quotes , Running Quotes , Business Quotes

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.

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Tags : Warren Buffett Quotes , Thinking Quotes , Views Quotes

What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.

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Tags : Warren Buffett Quotes , Important Quotes , Want 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.

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Tags : Warren Buffett Quotes , Jobs Quotes , Writing Quotes

Emotional makeup is more important than technical skill

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Tags : Warren Buffett Quotes , Makeup Quotes , Emotional 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.

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Tags : Warren Buffett Quotes , Business Quotes , Insightful 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.

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Tags : Warren Buffett Quotes , Business Quotes , Mean Quotes

Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns of the company they own.

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Tags : Warren Buffett Quotes , Swings Quotes , Lemmings Quotes

Generally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.

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Tags : Warren Buffett Quotes , People Quotes , Care Quotes

You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.

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Tags : Warren Buffett Quotes , People Quotes , Worry Quotes

Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.

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Tags : Warren Buffett Quotes , Stupid Quotes , Mean 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.

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Tags : Warren Buffett Quotes , Morning Quotes , Giving Quotes

When people talk about cash being king, it's not king if it just sits there and never does anything.

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Tags : Warren Buffett Quotes , Kings Quotes , People Quotes