I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETTIn the long run managements stressing accounting appearance over economic substance usually achieve little of either.
More Warren Buffett Quotes
-
-
Other guys read Playboy. I read annual reports.
WARREN BUFFETT -
Do not save what is left after spending; instead spend what is left after saving.
WARREN BUFFETT -
It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
WARREN BUFFETT -
Our favorite holding period is forever.
WARREN BUFFETT -
If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
WARREN BUFFETT -
If you don’t find a way to make money while you sleep, you will work until you die.
WARREN BUFFETT -
It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
WARREN BUFFETT -
The dumbest reason in the world to buy a stock is because it’s going up.
WARREN BUFFETT -
Remember that the stock market is a manic depressive.
WARREN BUFFETT -
Time is the friend of the wonderful company, the enemy of the mediocre.
WARREN BUFFETT -
Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
WARREN BUFFETT -
Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
WARREN BUFFETT -
You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
WARREN BUFFETT -
When you combine ignorance and leverage, you get some pretty interesting results.
WARREN BUFFETT -
I never invest in anything that I don’t understand.
WARREN BUFFETT