"In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually."
Quote collection
Warren Buffett quotes (page 13 of 48)
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"The best investment you can make is in yourself."
"If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do."
"The investor of today does not profit from yesterday's growth."
"So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense."
"You can lose leverage, and it's the only way a smart guy can go broke."
"My wealth has come from a combination of living in America, some lucky genes, and compound interest."
"If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent."
"By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals."
"If past history was all there was to the game, the richest people would be librarians."
"At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19."
"When investing, pessimism is your friend, euphoria the enemy."
"Investing is forgoing consumption now in order to have the ability to consume more at a later date."
"Invest in as much of yourself as you can, you are your own biggest asset by far."
"The thing to do is to keep your mind when the world around you is losing theirs."
"Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them."
"If you can't communicate and talk to other people and get across your ideas, you're giving up your potential."
"An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you."
"We will only do with your money what we would do with our own."
"A public-opinion poll is no substitute for thought."