I have $100 billion. . . You realize I could spend $3 million a day, every day, for the next 100 years? And that's if I don't make another dime.
If the stock goes down we want to buy more.
Get inside information from the president and you will probably lose half of your money. If you get it from the chairman of the board, you will lose all of it.
By setting up Berkshire Hathaway, Warren has done everything very rationally.
We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to declare this approach is as fallacious as it is popular.
Have patience. Stocks don't go up immediately.
Having fallen from the eternal, the Evil One's desires are endless, insatiable. Having fallen from pure Being, he is driven by the desire to possess, to fill his emptiness. But the problem is insoluble, always. He is compelled to have and to hold, to possess and consume, and nothing else. All he takes, he destroys.
The boom, not the slump, is the right time for austerity at the Treasury.
The more you think you know, the more closed-minded you'll be.
We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.
Catastrophic damage from climate-driven extreme weather is now an annual reality. The cost of not dealing with it will be much greater than if we try to pre-empt some of those disaster cleanups by actually investing in the shift now.
If the market is so cheap, you want to get something with a little more zip in it, or potential.
Inactivity strikes us as intelligent behavior.
Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you'll likely find one grub; if you turn over 20 rocks you'll find two.
When a possibility is unfamiliar to us, we do not even think about it.
Look for companies with high profit margins.
High valuations entail high risks.
The secret to investing is to figure out the value of something - and then pay a lot less.
Money is not everything. Make sure you earn a lot before speaking such nonsense.
