Quote collection
959 quotes — follow a thought to its full quote page.
"If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference."
"I made my first investment at age eleven. I was wasting my life up until then."
"To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline."
"If you buy the things you don't need, you will soon be selling the things that you need."
"The best thing I did was choose the right heroes."
"We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person."
"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."
"Never give up searching for the job that you're passionate about."
"Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet."
"A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust."
"I don't measure my life by the money I've made. Other people might, but certainly don't."
"A stock doesn't know that you own it."
"I like to buy things I can understand. I do a lot of research on things."
"It irritates the hell out of me but you can't buy love."
"The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces."
"If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market."
"Focus on your customers and lead your people as though their lives depend on your success."
"Making money isn't the backbone of our guiding purpose; making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money"
"Take the high road; it's far less crowded."
"I wouldn't want to manufacture cigarettes. But if I owned - we do own Costco. Do they sell them? Yes. So I don't have a problem owning stock in that. But I just wouldn't want to - I wouldn't want to do it myself. I basically think, if anything is sufficiently antisocial, society should do something about it. But that's a separate question. But - and I don't think there's any company that I have seen that's 100 percent pure."