Warren Buffett Quotes
Simple Inspirational Quotes
Inspirations for Business and Life
Warren Buffett Quotes
"I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over." ~ Warren Buffett
"I try to live my life so nothing keeps me up at night." ~ Warren Buffett
"You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing." ~ Warren Buffett
"It's only when the tide goes out that you learn who's been swimming naked." ~ Warren Buffett
"There seems to be some perverse human characteristic that likes to make easy things difficult." ~ Warren Buffett
"If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time." ~ Warren Buffett
"The single most important decision in evaluating a business is pricing power. If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you've got a terrible business." ~ Warren Buffett
"Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't extend to investing: He lost a bundle in the South Sea Bubble, explaining later, "I can calculate the movement of the stars, but not the madness of men." If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases." ~ Warren Buffett
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." ~ Warren Buffett
"Investors as a whole cannot get anything out of their businesses except what the businesses earn." ~ Warren Buffett
"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever." ~ Warren Buffett
"I am a better investor because I am a businessman, and a better businessman because I am no investor." ~ Warren Buffett
"When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience" ~ Warren Buffett
"Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway." ~ Warren Buffett
"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." ~ Warren Buffett
"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." ~ Warren Buffett
"Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like." ~ Warren Buffett
"Time is the friend of the wonderful business, the enemy of the mediocre." ~ Warren Buffett
"The best thing that happens to us is when a great company gets into temporary trouble... We want to buy them when they're on the operating table." ~ Warren Buffett
"I have pledged - to you, the rating agencies and myself – to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits." ~ Warren Buffett
"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will." ~ Warren Buffett
"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." ~ Warren Buffett
"In the short term the market is a popularity contest; in the long term it is a weighing machine." ~ Warren Buffett
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"Trust is like the air we breathe. When it's present, nobody really notices. But when it's absent, everybody notices." ~ Warren Buffett
"Lose money for the firm and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless." ~ Warren Buffett
"Writing a check separates a commitment from a conversation." ~ Warren Buffett
"Look, my job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action. ... We don't read other people's opinions. We want to get the facts, and then think." ~ Warren Buffett
"What could be more advantageous in an intellectual contest — whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?" ~ Warren Buffett
"Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497." ~ Warren Buffett
"It's never too early [to teach children about money]. Whether it's teaching kids the value of a dollar, the difference between needs and wants, or the value of saving. These are all concepts that kids encounter at a very early age, so best to help them to understand it." ~ Warren Buffett
"We've never succeeded in making a good deal with a bad person." ~ Warren Buffett
"You want to associate with people who are the kind of person you'd like to be. You'll move in that direction." ~ Warren Buffett
"I only work with people I like. If I could make $100 million with a guy who causes my stomach to churn, I would say no." ~ Warren Buffett