Acquisition Quote by Warren Buffett

“Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.”

Warren Buffett

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To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual…

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“Be fearful when others are greedy, and be greedy when others are fearful.”

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Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.

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We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are…

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Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the…

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It is better to point out your own mistakes than have somebody else do it.

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I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're…

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I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…

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The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…

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The reaction of weak management to weak operations is often weak accounting.

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What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.

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I don't measure my life by the money I've made. Other people might, but certainly don't.

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Explore all 984 Warren Buffett quotes

More Acquisition quotes

The Role of Deliberate Practice in the Acquisition of Expert Performance”: “The differences between expert performers and normal adults are not immutable, that is,…

K. Anders Ericsson

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No one suffers so much as he [the genius] with the people, and, therefore, for the people, with whom he lives. For, in a…

Otto Weininger

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Personal happiness lies in knowing that life is not a checklist of acquisition. Your qualifications are not your life.

Anonymous

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We may... affirm that the balance of power in a society accompanies the balance of property in land. The only possible way, then, of…

John Adams

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Learning to play the guitar is a combination of mental and motor skill acquisition. And to develop motor skill, repetition is essential... Whenever musicians…

Howard Roberts

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All worldly pursuits have but one unavoidable and inevitable end, which is sorrow; acquisitions end in dispersion; buildings in destruction; meetings in separation; births…

Milarepa

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When ice appears out of doors, and boys seize it up while it is solid, at first they experience new pleasures. But in the…

Sophocles

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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that…

Warren Buffett