All Warren Buffett Quotes
- The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150… Big
- Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because… Capital
- As far as you are concerned, the stock market does not exist. Ignore it. Concerned
- Lethargy, bordering on sloth should remain the cornerstone of an investment style. Bordering
- Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns of the company… Aggregate
- Is management rational? Inspirational
- Is management candid with the shareholders? Candid
- Does management resist the institutional imperative? Doe
- Do not take yearly results too seriously. Instead, focus on four or five-year averages. Average
- Focus on return on equity, not earnings per share. Earning
- Calculate "owner earnings" to get a true reflection of value. Calculate
- Look for companies with high profit margins. Companies
- The advice "you never go broke taking a profit" is foolish. Advice
- It is more important to say "no" to an opportunity, than to say "yes". Important
- Does the business have favourable long term prospects? Business
- Remember that the stock market is manic-depressive. Depressive
- Does the business have a consistent operating history? Business
- The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more… Adopted
- There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means… All
- Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the… Active