Warren Buffett, fully Warren Edward Buffett, aka Oracle of Omaha

Warren
Buffett, fully Warren Edward Buffett, aka Oracle of Omaha
1930

American Businessman, Investor and Philanthropist, Chairman and CEO of Berkshire Hathaway

Author Quotes

There seems to be some perverse human characteristic that likes to make easy things difficult.

Turnarounds’ seldom turn.

We like to buy businesses, but we don’t like to sell them.

What’s the sense in getting rich, just to stare, at a ticker tape all day?

Without passion, you don't have energy. Without energy, you have nothing.

You only have to do a very few things right in your life so long as you don't do too many things wrong.

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.

Unfortunately, the hangover from [the market bubble] may prove to be proportional to the binge.

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.

When a management team with a reputation for brilliance joins a business with poor fundamental economics, it is the reputation of the business that remains intact.

Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.

You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.

There’s no reason, we should become fearful, if a stock goes down. If a stock goes down 50%, I’d look forward to it. In fact, I would offer you a significant sum of money, if you could give me the opportunity for all of my stocks, to go down 50% over the next month.

Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

When asked how he became so successful in investing, Buffett answered: we read hundreds and hundreds of annual reports every year.

Writing a check separates a commitment from a conversation.

You should invest in a business, that even a fool can run, because someday a fool will.

There's a lot of people who try to ride my coattails, but Wally isn't one of them.

Upon leaving [the derivatives business], our feelings about the business mirrored a line in a country song: "I liked you better before I got to know you so well."

We will only do with your money what we would do with our own.

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

Yeah. But-- what-- what I object to is the people that the-- the biggest payday of their life is the day that they leave a company from which they failed, or-- or where they get paid automatically big sums. If you want the shot at the brass ring-- if you want a shot at making tens of millions of dollars a year, if you flop, why in the world should you be making $5 million a year, or $3 million a year? That-- it's-- pay for performance is fine, you know. Pay for showing up is not-- with the-- with the huge goodbye present, you know-- or-- or bonuses that are not tied to real performance, I think that's terrible.

You shouldn’t own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.

There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.

Author Picture
First Name
Warren
Last Name
Buffett, fully Warren Edward Buffett, aka Oracle of Omaha
Birth Date
1930
Bio

American Businessman, Investor and Philanthropist, Chairman and CEO of Berkshire Hathaway