"Never invest in a business you can't understand"
Buffets quotes
Buffets
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Buffets quotes (page 1 of 3)
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"The most important quality for an investor is temperament, not intellect."
"Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."
"Stop trying to predict the direction of the stock market, the economy or elections."
"It is not necessary to do extraordinary things to get extraordinary results."
"Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell."
"I really like my life. I've arranged my life so that I can do what I want."
"Be the Mick Jagger of the mailroom, the Warren Buffet of bookkeeping and the Bono of stapler selling."
"I have legendary massive breakfasts at hotels. I don't hold back. I'll get there at 7A.M. and I'll be the last out at 11 A.M., having gone up and down the buffet seven times."
"Nothing sedates rationality like large doses of effortless money."
"They are not wise, then, who stand forth to buffet against Love; for Love rules the gods as he will, and me."
"Too often, a vast collection of possessions ends up possessing its owner."
"You can't buy what is popular and do well."
"The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price."
"Buy into a company because you want to own it, not because you want the stock to go up."
"Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."
"Our approach is very much profiting from lack of change rather than from change."
"I get to do what I like to do every single day of the year."
"If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy."
"Warren Buffet told me once and he said always follow your gut. When you have that gut feeling, you have to go with don't go back on it."
"I told you this would happen. But, no, you had to go for the buffet, didn't you?"