Warren Buffett Quotes, Mean Quotes, Two Quotes

That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially and preferred stock and that sort of thing. So there are two things needed in the system, the one that's needed overwhelmingly is liquidity. I mean, when people are trying to [unintelligible], there has to be somebody there to buy.

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Tags : Warren Buffett Quotes , Mean Quotes , Two Quotes

I made my first investment at age eleven. I was wasting my life up until then.

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Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.

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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

As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.

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Tags : Warren Buffett Quotes , Long Quotes , People Quotes

When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.

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You don't want 300 million Americans putting their money under the mattress.

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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

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

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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.

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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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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

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.

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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.

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It's a big mistake to try and mislead people. They will turn around.

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We make investment decisions based on our evaluation of the most profitable combination of probabilities.

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I think that actually people in my situation should be paying more tax.

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The first rule is not to lose. The second rule is not to forget the first rule.

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If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.

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Tags : Warren Buffett Quotes , Class Quotes , Finals Quotes

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.

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Tags : Warren Buffett Quotes , Success Quotes , Business Quotes