Warren Buffett Quotes, Want Quotes, Nightmare Quotes

It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Want Quotes , Nightmare Quotes

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.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Real Quotes , Victory Quotes

A Company should be viewed as an unfolding movie, not as a still photograph

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Photograph Quotes , Should Quotes

Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Decision Quotes , Risk Quotes

It’s not that I want money. It’s the fun of making money and watching it grow.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Fun Quotes , Want Quotes

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

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Love Quotes , Marriage 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

Message Copied

Tags : Warren Buffett Quotes , Minorities Quotes , Littles Quotes

We will only do with your money what we would do with our own.

5 years ago

Message Copied

Tags : Warren Buffett Quotes

I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Running Quotes , Country Quotes

The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Mean Quotes , Payroll Tax Quotes

I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Weight Quotes , Heavy Quotes

For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , People Quotes , Pay Quotes

I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Goal Quotes , Priorities Quotes

I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Business Quotes , Loss 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.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Running Quotes , Kindness 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.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Lying Quotes , Giving Quotes

Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Heart Quotes , Car Quotes

SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Business Quotes , Thinking Quotes

Never give up searching for the job that you're passionate about.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Jobs Quotes , Giving Up Quotes

At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.

5 years ago

Message Copied

Tags : Warren Buffett Quotes , Book Quotes , Risk Quotes