Warren Buffett Quotes, Thinking Quotes, Crowds Quotes

A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Crowds Quotes

If you don't make mistakes you can't make decisions.

5 years ago

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Tags : Warren Buffett Quotes , Mistake Quotes , Decision Quotes

Investing requires qualities of temperament way more than it requires qualities of intellect.

5 years ago

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Tags : Warren Buffett Quotes , Quality Quotes , Investing Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.

5 years ago

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Tags : Warren Buffett Quotes , Book Quotes , Thinking Quotes

I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Strong Quotes

Time is the friend of the wonderful company, the enemy of the mediocre.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Time Quotes

You pay a very high price in the stock market for a cheery consensus.

5 years ago

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Tags : Warren Buffett Quotes , Pay Quotes , Consensus Quotes

I have three boxes on my desk: In, Out, and Too Hard.

5 years ago

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Tags : Warren Buffett Quotes , Three Quotes , Boxes Quotes

Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.

5 years ago

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Tags : Warren Buffett Quotes , Minorities Quotes , Investment Quotes

It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.

5 years ago

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Tags : Warren Buffett Quotes , Years Quotes , Investment Quotes

It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.

5 years ago

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Tags : Warren Buffett Quotes , Zero Quotes , Real Quotes

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

5 years ago

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Tags : Warren Buffett Quotes , Littles Quotes , Return Quotes

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Buying Quotes

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

5 years ago

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Tags : Warren Buffett Quotes , Crazy Quotes , Play Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Business Quotes

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

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , Two Quotes

Investing is simple, but not easy.

5 years ago

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Tags : Warren Buffett Quotes , Money Quotes , Simple Quotes

The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no one more concerned about what happens after my death than I am.

5 years ago

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Tags : Warren Buffett Quotes , Truth Is Quotes , Share Quotes

I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.

5 years ago

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Tags : Warren Buffett Quotes , Long Quotes , Athletic Quotes