Warren Buffett Quotes

Never invest in a business you don't understand.

5 years ago

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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years Quotes

In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.

5 years ago

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If you can eliminate the government as a 39.6% partner, then you will be much better off.

5 years ago

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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Thinking Quotes

I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Thinking Quotes

Does the business have favourable long term prospects?

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An ounce of prevention is worth a pound of cure understated.

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Gold has two significant shortcomings, being neither of much use nor procreative.

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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.

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I would say the biggest single cause was we had an incredible residential real estate bubble.

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The purpose of life is to be loved by as many people as possible among those you want to have love you

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When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Faces Quotes

I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.

5 years ago

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In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.

5 years ago

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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.

5 years ago

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Bad terminology is the enemy of good thinking.

5 years ago

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You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map. You may find local companies that have nothing wrong with them at all. A company that I found, Western Insurance Securities, was trading for $3/share when it was earning $20/share!! I tried to buy up as much of it as possible. No one will tell you about these businesses. You have to find them.

5 years ago

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It is not necessary to do extraordinary things to get extraordinary results.

5 years ago

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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