"The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body."
Quote collection
Warren Buffett quotes (page 28 of 48)
959 quotes — follow a thought to its full quote page.
"Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn; the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?"
"Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error"
"The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs."
"We always live in an uncertain world. What is certain is that the United States will go forward over time."
"If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy."
"Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question."
"When you're associating with the people that you love, doing what you love, it doesn't get any better than that."
"A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well"
"Let blockheads read what blockheads wrote."
"The most dangerous distractions are the ones you love, but that don’t love you back."
"It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble."
"As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero."
"You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots."
"As far as you are concerned, the stock market does not exist. Ignore it."
"If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value."
"The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch."
"The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance."
"Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time."
"A hyperactive stock market is the pickpocket of enterprise."