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  • Warren Buffett Quotes   959
  • Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart and not too smart at that, only a very few times. Indeed, we now settle for one good idea a year.
  • 5 years ago



    Tags : Warren Buffett Quotes , Mistake Quotes , Smart Quotes
  • I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.
  • 5 years ago



    Tags : Warren Buffett Quotes , Business Quotes , Loss Quotes
  • If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.
  • 5 years ago



    Tags : Warren Buffett Quotes , Crazy Quotes , Investing Quotes
  • The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn't going to do anything for you....it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time.
  • 5 years ago



    Tags : Warren Buffett Quotes , Years Quotes , Games Quotes
  • Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
  • 5 years ago



    Tags : Warren Buffett Quotes , Pieces Quotes , World Quotes
  • I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
  • 5 years ago



    Tags : Warren Buffett Quotes , Trying Quotes , Election Quotes
  • You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
  • 5 years ago



    Tags : Warren Buffett Quotes , Effort Quotes , Nuance 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



    Tags : Warren Buffett Quotes , Majority Quotes , Way Quotes