I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
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 by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
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.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!
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.
quote by Warren Buffett
Added by Lucian Velea
Comment! | Vote! | Copy!