Quotes About Warren Buffett

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.

This book aims to systematically overcome all of the above failure points, step-by-step. THE MARGIN OF SAFETY—IF WARREN BUFFETT DESIGNED MENUS Most cookbooks ignore how unreliable recipes can be.

I've adopted the guideline of Warren Buffett's partner, Charlie Munger, who says "I wanna know where I'll be when I die - so I never go there.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.

If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.

In fact, most great investors I know (Warren Buffett, for starters) are technophobes. They don't own what they don't understand, and neither do I.

Good for Warren Buffett that he can afford to do that! Some people, sometimes, need to finance a purchase or rent a car, and a credit card becomes a necessity.

you can simply buy wonderful companies at reasonable prices, and let those companies compound cash over long periods of time. Surprisingly, there aren't all that many money managers who follow this strategy, even though it's the one used by some of the world's most successful investors. (Warren Buffett is the best-known.)