Warren Buffett Quotes

Investing is putting out money to be sure of getting more money back later at an appropriate rate.

• investing

Time is the friend of the wonderful business. It's the enemy of the lousy business. If you're in a lousy business for a long time, you're going to get a lousy result, even if you buy it cheap. If you're in a wonderful business for a long time, even if you pay a little too much going in, you're going to get a wonderful result if you stay in a long time.

• investing
• time
• compounding

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History does not tell you the probability of future financial things happening.

• investing
• history

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I think you're out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume.

• purpose
• job

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I don't want to buy any stock where if they close the New York Stock Exchange tomorrow for five years I won't be happy owning it. I buy a farm and I don't get a quote on it for five years and I'm happy if the farm does ok. I buy an apartment house, don't get a quote on it for five years - I'm happy if the apartment house produces the returns that I expect. But people buy a stock and they look at the price the next morning and they decide if they're doing well or not doing well. It's crazy because they're buying a piece of a business.

• investing

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The value of a business is the cash it's going to produce in the future.

• investing

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When a management team with a reputation for brilliance joins a business with poor fundamental economics, it is the reputation of the business that remains intact.

• investing
• business
• management

Never ask a barber if you need a haircut.

• funny
• amusing

I am a better investor because I am a businessman and a better businessman because I am an investor.

• investing
• business