Warren Buffett Quotes, Moving Quotes, Earning Quotes

If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary; you only need to understand the actions you undertake.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Earning Quotes

The stockmarket is a semi-psychotic creature given to extremes of elation and despair.

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Tags : Warren Buffett Quotes , Despair Quotes , Elation 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

I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.

5 years ago

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Tags : Warren Buffett Quotes , Stupid Quotes , Believe Quotes

I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he had all these - they had all these types from Wall Street, you know, and they had advanced degrees, and they look very alert, and they came with these - they came with these things that said gamma and alpha and sigma and all that. And all I can say is beware of geeks, you know, bearing formulas. They've heard that in Europe.

5 years ago

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Tags : Warren Buffett Quotes , Wall Quotes , Couple Quotes

If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.

5 years ago

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Tags : Warren Buffett Quotes , Prayer Quotes , Differences Quotes

It is impossible to unsign a contract, so do all your thinking before you sign.

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Tags : Warren Buffett Quotes , Thinking Quotes , Impossible Quotes

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

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Tags : Warren Buffett Quotes , Love Quotes , Marriage Quotes

A bull market is like sex. It feels best just before it ends.

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Tags : Warren Buffett Quotes , Sex Quotes , Bulls Quotes

In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.

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Tags : Warren Buffett Quotes , Kitchen Quotes , Cockroaches Quotes

I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.

5 years ago

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Tags : Warren Buffett Quotes , Moving Quotes , Mean Quotes

I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.

5 years ago

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Tags : Warren Buffett Quotes , Two Quotes , Too Late Quotes

I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.

5 years ago

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Tags : Warren Buffett Quotes , Sleep Quotes , Hands Quotes

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

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Tags : Warren Buffett Quotes , Ignorance Quotes , Littles Quotes

I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

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Tags : Warren Buffett Quotes , Running Quotes , Kindness Quotes

A hyperactive stock market is the pickpocket of enterprise.

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Tags : Warren Buffett Quotes , Investing Quotes

Inactivity strikes us as intelligent behavior.

5 years ago

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Tags : Warren Buffett Quotes , Intelligent Quotes , Investing Quotes

Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Years Quotes

It irritates the hell out of me but you can't buy love.

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Tags : Warren Buffett Quotes

There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors - large and small - should instead read Jack Bogle's The Little Book of Common Sense Investing.

5 years ago

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Tags : Warren Buffett Quotes , Running Quotes , Song Quotes