Warren Buffett says

“Our goal will be to acquire either part or all of businesses that we believe we understand, that have good, sustainable underlying economics, and that are run by managers whom we like, admire and trust.”

—Warren Buffett

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Quotes on Investing Warren Buffett on Investing

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“Cash combined with courage in a time of crisis is priceless.”

—Warren Buffett

“what’s good for customers is good for shareholders.”

—Jeff Bezos

“For these investors, it would have been far better if Orville had failed to get off the ground at Kitty Hawk: The more the industry has grown, the worse the disaster for owners.”

—Warren Buffett

“Only when the tide goes out do you discover who's been swimming naked.”

—Warren Buffett

“No business can continue to shrink. That can only go on for so long before irrelevancy sets in.”

—Jeff Bezos

“I think that, every time you see the word EBITDA, you should substitute the words "bullshit earnings".”

—Charlie Munger

“Derivatives are financial weapons of mass destruction.”

—Warren Buffett

“There is no tougher job in corporate America than running an airline: Despite the huge amounts of equity capital that have been injected into it, the industry, in aggregate, has posted a net loss since its birth after Kitty Hawk. Airline managers need brains, guts, and experience—and”

—Warren Buffett

“From this irritating reality comes The First Law of Corporate Survival for ambitious CEOs who pile on leverage and run large and unfathomable derivatives books: Modest incompetence simply won’t do; it’s mindboggling screw-ups that are required.”

—Warren Buffett

“In the business world, the rearview mirror is always clearer than the windshield.”

—Warren Buffett

“Over-all, we probably would have retained better prospects for the next five years if profits had not risen so dramatically this year.”

—Warren Buffett

“I am not a businessman, I am an artist”

—Warren Buffett

“The rich invest in time, the poor invest in money.”

—Warren Buffett

“...not doing what we love in the name of greed is very poor management of our lives.”

—Warren Buffett

“We trade real estate for technology (which gets cheaper and more capable every year).”

—Jeff Bezos