Quotes about bus
business loss add
I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable. Warren Buffett
business earning valuation
Earnings can be pliable as putty when a charlatan heads the company reporting them. Warren Buffett
business years want
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time. Warren Buffett
business light broken
They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life. Warren Buffett
business thinking ideas
SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too. Warren Buffett
business investing-money enemy
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful. Warren Buffett
business mean men
None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. Unfortunately, Bertrand Russell's observation about life in general applies with unusual force in the financial world: Most men would rather die than think. Many do. Warren Buffett
business school thinking
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices. Warren Buffett
business giving long
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price. Warren Buffett
business management weak
The reaction of weak management to weak operations is often weak accounting. Warren Buffett
business-success might study
I've often felt there might be more to be gained by studying business failures than business successes. Warren Buffett
busy being-busy paid
We don't get paid for being busy, we get paid for being right. Warren Buffett
business-success gone investing
Well, one time some attractive woman sat next to Charlie and asked him what he owed his success to, and, unfortunately, she insisted on a one word answer. He had a speech prepared that would have gone on for several hours. But when forced to boil it down to one word, he said that was "rational". You know, he comes equipped for rationality, and he applies it in business. He doesn't always apply it elsewhere, but he applies it in business and that has made him a huge business success. Warren Buffett
business rotten lemmings
Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press Warren Buffett
business investing-money forever
When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever. Warren Buffett
business investing-money investment-success
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks. Warren Buffett
business insperational investment-success
In the business world, the rearview mirror is always clearer than the windshield. Warren Buffett
business war investing
We enjoy the process far more than the proceeds. Warren Buffett
business investing-money investment-success
You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ. Warren Buffett
business loss buffets
The first rule is not to lose. The second rule is not to forget the first rule. Warren Buffett
business insightful want
The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. Warren Buffett
business war school
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. Warren Buffett
business imagination saving
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist. Warren Buffett
business investing market-risk
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. Warren Buffett
business war saving
If a business does well, the stock eventually follows. Warren Buffett
business investing-money tables
The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table. Warren Buffett
business war investing-money
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Warren Buffett
business buffets businessman
I am a better investor because I am a businessman, and a better businessman because I am no investor. Warren Buffett
business military war
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497. Warren Buffett
business buffets investing
Never invest in a business you can't understand Warren Buffett
business inspiration intelligent
Price is what you pay. Value is what you get. Warren Buffett
business sacrifice men
Capitalists are no more capable of self-sacrifice than a man is capable of lifting himself up by his own bootstraps. Vladimir Lenin
business men mind
Business is really more agreeable than pleasure; it interests the whole mind, the aggregate nature of man more continuously, and more deeply. But it does not look as if it did. Walter Bagehot