Warren Buffett Quotes, Doctors Quotes, Two Quotes

Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?

5 years ago

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Tags : Warren Buffett Quotes , Doctors Quotes , Two Quotes

The ability to say no is a tremendous advantage for an investor.

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Tags : Warren Buffett Quotes , Money Quotes , Investing Quotes

I don't like what's going on with the executive compensation.

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Tags : Warren Buffett Quotes , Compensation Quotes , Executives Quotes

The Fed is the greatest hedge fund in history.

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Tags : Warren Buffett Quotes , Feds Quotes , Fund Quotes

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

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Tags : Warren Buffett Quotes , Moving Quotes , Kids Quotes

The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the "know-nothings" - must win.

5 years ago

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Tags : Warren Buffett Quotes , Mean Quotes , Winning 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.

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Tags : Warren Buffett Quotes , Couple Quotes , Thinking Quotes

It makes a difference who the treasury secretary is.

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Tags : Warren Buffett Quotes , Differences Quotes , Making A Difference Quotes

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

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Tags : Warren Buffett Quotes , Investing Quotes

Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.

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Tags : Warren Buffett Quotes , Thinking Quotes , Today Quotes

If you have a great manager, you want to pay him very well.

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Tags : Warren Buffett Quotes , Want Quotes , Pay Quotes

Be brave when others are afraid, and afraid when others are brave.

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Tags : Warren Buffett Quotes , Brave Quotes

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

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Tags : Warren Buffett Quotes , Opportunity Quotes , Track Quotes

Risk can be greatly reduced by concentrating on only a few holdings.

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Tags : Warren Buffett Quotes , Risk Quotes , Investing Quotes

Let blockheads read what blockheads wrote.

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The secret to happiness is having low expectations.

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Tags : Warren Buffett Quotes , Expectations Quotes , Secret Quotes

We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.

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Chains of habit are too light to be felt until they are too heavy to be broken.

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Tags : Warren Buffett Quotes , Inspirational Quotes , Broken Heart Quotes

We have long felt that the only value of stock forecasters is to make fortune-tellers look good.

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Tags : Warren Buffett Quotes , Long Quotes , Looks Quotes

Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart and not too smart at that, only a very few times. Indeed, we now settle for one good idea a year.

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Tags : Warren Buffett Quotes , Mistake Quotes , Smart Quotes