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Quotes
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Warren Buffett says
“If you wait till you know everything it's too late”
—Warren Buffett
More from Warren Buffett
“There seems to be some perverse human characteristic that likes to make easy things difficult.”
—Warren Buffett
“Never depend on single income. Make investment to create a second source.”
—Warren Buffett
“In the long run managements stressing accounting appearance over economic substance usually achieve little of either.”
—Warren Buffett
“Don’t ask the barber whether you need a haircut.”
—Warren Buffett
“Regardless of the impact upon immediately reportable earnings, we would rather buy 10% of Wonderful Business T at X per share than 100% of T at 2x per share. Most corporate managers prefer just the reverse.”
—Warren Buffett
“Diversification is protection against ignorance. It makes little sense if you know what you are doing.”
—Warren Buffett
“Someone's sitting in the shade today because someone planted a tree a long time ago.”
—Warren Buffett
“The most important investment you can make is in yourself.”
—Warren Buffett
“Wide diversification is only required when investors do not understand what they are doing.”
—Warren Buffett
“Some time ago Ken Galbraith, in his witty and insightful The Great Crash, coined a new economic term: “the bezzle,” defined as the current amount of undiscovered embezzlement. This financial creature has a magical quality: The embezzlers are richer by the amount of the bezzle, while the embezzlees do not yet feel poorer.”
—Warren Buffett
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