Warren Buffett Quotes, Investing Quotes, Firsts Quotes

First come the innovators, then come the imitators, then come the idiots.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Firsts 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

When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.

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Tags : Warren Buffett Quotes , Successful Quotes , Years Quotes

If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.

5 years ago

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Tags : Warren Buffett Quotes , Games Quotes , Assets Quotes

Stocks are the only thing that people are happy to buy when the price goes up.

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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

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Tags : Warren Buffett Quotes , Effort Quotes , Nuance Quotes

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.

5 years ago

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Tags : Warren Buffett Quotes , Children Quotes , Believe Quotes

A very rich person should leave his kids enough to do anything, but not enough to do nothing.

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Tags : Warren Buffett Quotes , Children Quotes , Kids Quotes

I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Games Quotes

If you're in a card game and you can't figure out who the patsy is, you're it.

5 years ago

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Do not take yearly results too seriously. Instead, focus on four or five-year averages.

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Tags : Warren Buffett Quotes , Average Quotes , Years Quotes

You need a lot of curiosity for a long, long time.

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Tags : Warren Buffett Quotes , Long Quotes , Curiosity Quotes

We will only do with your money what we would do with our own.

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Tags : Warren Buffett Quotes

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

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Tags : Warren Buffett Quotes , Important Quotes , Investment Quotes

Life is like a snowball. The important thing is finding wet snow and a really long hill.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Snow Quotes

Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.

5 years ago

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Tags : Warren Buffett Quotes , Ideas Quotes , People Quotes

You are neither right nor wrong because the crowd disagrees with you.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Generosity 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

We're perfectly willing to trade away a big payoff for a certain payoff.

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Tags : Warren Buffett Quotes , Bigs Quotes , Payoff Quotes

We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.

5 years ago

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Tags : Warren Buffett Quotes , People Quotes , Wish Quotes