Warren Buffett Quotes, Running Quotes, Simple Quotes

Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome).

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Simple Quotes

We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , People 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.

5 years ago

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Tags : Warren Buffett Quotes , Fall Quotes , Doe Quotes

We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.

5 years ago

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Tags : Warren Buffett Quotes , Couple Quotes , Thinking Quotes

What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Bridges Quotes

House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.

5 years ago

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Tags : Warren Buffett Quotes , Silly Quotes , People Quotes

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Taken Quotes

We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.

5 years ago

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Tags : Warren Buffett Quotes , Future Quotes , Cutting Quotes

I like to buy things I can understand. I do a lot of research on things.

5 years ago

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Tags : Warren Buffett Quotes , Research Quotes

Always associate yourself with people who are better than you.

5 years ago

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Tags : Warren Buffett Quotes , Kayaking Quotes , People Quotes

In the insurance business, there is no statute of limitation on stupidity.

5 years ago

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Tags : Warren Buffett Quotes , Stupidity Quotes , Statutes Quotes

If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.

5 years ago

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Tags : Warren Buffett Quotes , Cutting Quotes , Thinking Quotes

I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.

5 years ago

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

The power of unconditional love. I mean, there is no power on earth like unconditional love.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Unconditional Love Quotes

At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.

5 years ago

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Tags : Warren Buffett Quotes , Next Week Quotes , People Quotes

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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Tags : Warren Buffett Quotes , Baseball Quotes , Running Quotes

Money will not change how healthy you are or how many people love you.

5 years ago

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Tags : Warren Buffett Quotes , Life Quotes , Love You Quotes

How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.

5 years ago

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Tags : Warren Buffett Quotes , Games Quotes , Play Quotes

I have no views as to where it will be, but the one thing I can tell you is it won't do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot - and it's a lot - it's a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Eggs Quotes

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.

5 years ago

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Tags : Warren Buffett Quotes , Hope Quotes , Money Quotes