Warren Buffett Quotes, Average Quotes, Years Quotes

The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance.

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Tags : Warren Buffett Quotes , Average Quotes , Years Quotes

When somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have social tools, and you're going to feel like an idiot if you didn't do it, because the house cost more.

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Tags : Warren Buffett Quotes , Lying Quotes , Giving Quotes

Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.

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Tags : Warren Buffett Quotes , Book Quotes , Hero Quotes

I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.

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Tags : Warren Buffett Quotes , Dad Quotes , Home Quotes

Unless your answers are clearly better, copy the answers of your betters.

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What the wise do in the beginning, fools do in the end.

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My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.

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Tags : Warren Buffett Quotes , Real Quotes , Victory Quotes

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

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Tags : Warren Buffett Quotes , Competition Quotes , May Quotes

Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.

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Tags : Warren Buffett Quotes , Mean Quotes , People Quotes

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

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Tags : Warren Buffett Quotes , Want Quotes , Mattresses Quotes

I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.

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Tags : Warren Buffett Quotes , Keys Quotes , People Quotes

Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.

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Tags : Warren Buffett Quotes , Successful Quotes , Business Success Quotes

I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.

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Tags : Warren Buffett Quotes , Order Quotes , Family And Friends Quotes

OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

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Tags : Warren Buffett Quotes , Pain Quotes , Sacrifice Quotes

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

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Tags : Warren Buffett Quotes , Baseball Quotes , Running Quotes

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

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Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

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Tags : Warren Buffett Quotes , Keys Quotes , Giving Quotes

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.

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Tags : Warren Buffett Quotes , Government Quotes , Saving Quotes

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

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Tags : Warren Buffett Quotes , Thinking Quotes , Two Quotes

The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.

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Tags : Warren Buffett Quotes , Country Quotes , Should Have Quotes