Get QuoteDark Inspirational Quotes App

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

Related Quotes:

" 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. "

" Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time. "

" 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. "

" When you combine ignorance and leverage, you get some pretty interesting results. "

" Time is the friend of the wonderful company, the enemy of the mediocre. "

" You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate. "

" I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. "

" A public-opinion poll is no substitute for thought. "

" We're still in a recession. We're not gonna be out of it for a while, but we will get out. "

" Risk is a part of God's game, alike for men and nations. "

" Risk comes from not knowing what you're doing. "

" If a business does well, the stock eventually follows. "

" It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction. "

" We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II. "

" The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: 'I'll buy a million dollars' worth of love.' But it doesn't work that way. The more you give love away, the more you get. "

" You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing. "

" I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game. "

" We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.' "

" Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. "

" Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. "

" Derivatives are financial weapons of mass destruction. "

" I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. "

" The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. "

" I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it. "

" If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it. "

" It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. "

" We enjoy the process far more than the proceeds. "

" Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. "

" It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. "

" The only time to buy these is on a day with no 'y' in it. "