Warren Buffett Quotes, Competition Quotes, May Quotes

Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth".

5 years ago

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Tags : Warren Buffett Quotes , Competition Quotes , May Quotes

I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.

5 years ago

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Tags : Warren Buffett Quotes , Weight Quotes , Heavy Quotes

The only time to buy these is on a day with no 'y' in it.

5 years ago

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Tags : Warren Buffett Quotes , Funny Quotes , Life Quotes

If past history was all there was to the game, the richest people would be librarians.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Change Quotes

I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.

5 years ago

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Tags : Warren Buffett Quotes , Jobs Quotes , Thinking Quotes

The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.

5 years ago

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Tags : Warren Buffett Quotes , Circles Quotes , Important Quotes

You don't have to be a genius to invest well

5 years ago

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Tags : Warren Buffett Quotes , Genius Quotes

Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.

5 years ago

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Tags : Warren Buffett Quotes , Minorities Quotes , Littles Quotes

There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people. If you go to 1982, when Forbes put on their first 400 list, those people had $93 billion. They now they have $2.4 trillion, 25 for one. That is - this has been a prosperity that's been disproportionately rewarding to the people on top.

5 years ago

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Tags : Warren Buffett Quotes , Real Quotes , Mean Quotes

We don't read other people's opinions. We want to get the facts, and then think.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , People Quotes

I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.

5 years ago

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Tags : Warren Buffett Quotes , Differences Quotes , Giving Quotes

It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.

5 years ago

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Tags : Warren Buffett Quotes , Want Quotes , Nightmare Quotes

The greater the potential for reward in the value portfolio, the less risk there is.

5 years ago

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Tags : Warren Buffett Quotes , Risk Quotes , Rewards Quotes

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years 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 would say it's more important who the treasury secretary is than who the vice president is. If you want to have a debate here, I'd like a debate between potential treasury secretaries than the vice presidential debate.

5 years ago

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Tags : Warren Buffett Quotes , Presidential Quotes , Important Quotes

I buy expensive suits - they just look cheap on me.

5 years ago

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Tags : Warren Buffett Quotes , Inspirational Quotes , Funny Quotes

I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Years 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

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

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Tags : Warren Buffett Quotes , Majority Quotes , Way Quotes