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  • Warren Buffett Quotes   959
  • Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
  • 5 years ago



    Tags : Warren Buffett Quotes , Decision Quotes , Investing Quotes
  • The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.
  • 5 years ago



    Tags : Warren Buffett Quotes , Games Quotes , Long Quotes