Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. Warren Buffett View this quote
It’s just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I’m not worth as much as somebody who invents something that could improves people’s life, or health or whatever. Warren Buffett
Warren Buffett
It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age. Warren Buffett
It’s not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble. Warren Buffett
It’s the deleveraging that’s going on right now that has caused the credit crisis. Warren Buffett
Let blockheads read what blockheads wrote. Warren Buffett
Let only individuals contribute – with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth. Warren Buffett
Lethargy, bordering on sloth should remain the cornerstone of an investment style. Warren Buffett
Life is like a snowball. The important thing is finding wet snow and a really long hill. Warren Buffett
Look for companies with high profit margins. Warren Buffett
Managers thinking about accounting issues should never forget one of Abraham Lincoln’s favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn’t make it a leg. Warren Buffett
American business magnate, investor, and philanthropist
August 30th, 1930