Warren Buffett Quotes, Investing Quotes, Management Quotes

Is management rational?

5 years ago

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Tags : Warren Buffett Quotes , Investing Quotes , Management Quotes

Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.

5 years ago

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The wise man once said invest young

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I have three boxes on my desk: In, Out, and Too Hard.

5 years ago

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Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.

5 years ago

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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

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If you don't make mistakes you can't make decisions.

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It is not necessary to do extraordinary things to get extraordinary results.

5 years ago

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Tags : Warren Buffett Quotes , Motivational Quotes , Investing 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.

5 years ago

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What we learn from history is that people don't learn from history.

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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

5 years ago

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Tags : Warren Buffett Quotes , Business Quotes , War Quotes

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.

5 years ago

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You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

5 years ago

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Sound investing can make you very wealthy if you're not in too big a hurry

5 years ago

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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.

5 years ago

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Tags : Warren Buffett Quotes , Thinking Quotes , Essentials Quotes

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

5 years ago

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You can lose leverage, and it's the only way a smart guy can go broke.

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Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

5 years ago

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I never invest in anything that I don't understand.

5 years ago

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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