"Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."
Quote collection
Warren Buffett quotes (page 10 of 48)
959 quotes — follow a thought to its full quote page.
"I want to be able to explain my mistakes. This means I do only the things I completely understand."
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."
"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."
"In the world of business, the people who are most successful are those who are doing what they love."
"Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life."
"I think the worst mistake you can make in stocks is to buy or sell based on current headlines."
"The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better."
"You know ... you keep doing the same things and you keep getting the same result over and over again."
"Be brave when others are afraid, and afraid when others are brave."
"A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth."
"Stop trying to predict the direction of the stock market, the economy or elections."
"Be fearful when the markets get greedy, be greedy when the markets get fearful."
"Do what you would do for free, having passion for what you do is the most important thing."
"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."
"People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most."
"You should invest like a Catholic marries: for life."
"The wise man once said invest young"
"Forecasts usually tell us more of the forecaster than of the forecast"
"It is not necessary to do extraordinary things to get extraordinary results."