QuotePics.com | Warren Buffett Archives

Envy Drives the World

I’ve heard Warren say a half a dozen times, “It’s not greed that drives the world, but envy.”

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Motivation

Charlie and Warren

I’ve been associated with Warren so long, I thought I’d be just a footnote.

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Discounted Cash Flows

Warren talks about these discounted cash flows. I’ve never seen him do one.

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Investing

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Have Passion for Something

You’ll do better if you have passion for something in which you have aptitude. If Warren Buffett had gone into...

Related Topics: aptitude, ballet, better, heard, passion, something, Warren Buffett

1

Charlie Munger quote I still prefer this country, and so does Warren. But we're both troubled deeply by the twin deficits

Troubled by the Twin Deficits

I still prefer this country, and so does Warren. But we’re both troubled deeply by the twin deficits [trade and...

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Investing

Be Consistently Not Stupid

It is remarkable how much long-term advantage people like [Warren Buffett and myself] have gotten by trying to be consistently...

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Warren Buffett’s Discipline

Warren spends 70 hours a week thinking about investing.

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Passing the Culture

If Warren has kept the faith until he’s 75 years old, do you really think he’ll blow the job of...

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Business

Rub Your Nose in Your Mistakes

It is really useful to be reminded of your errors. I think Warren Buffett and I are pretty good at...

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Warren Buffett is Improving

It’s hard to believe that he’s getting better with each passing year. It won’t go on forever, but Warren is...

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Berkshire Hathaway’s Successors

I don’t think our successors will be as good as Warren at capital allocation.

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Investing

Gigantic Macroeconomic Predictions

Gigantic macroeconomic predictions are something I’ve never made any money on, and neither has Warren.

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Investing

A Passion to Get Rich

Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris — I wanted the independence....

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Enlightener of Warren Buffett

I think there’s some mythology in this idea that I’ve been this great enlightener of Warren. He hasn’t needed much...

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Learning from Warren Buffett

Speaking for the Munger heirs, I hope they continue to ring the last drop of good out of Warren.

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Buffett’s Brain Block

It is true that Warren had a touch of brain block from working under Ben Graham and making a ton...

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Investing

Delegate When You Can

Warren and I avoid doing anything that someone else at Berkshire can do better.

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Business

How Investment Banks Make Money

Warren talked to guy at an investment bank and asked how they made their money. He said, “Off the top,...

Related Topics: bottom, guy, investment bank, middle, sides, top, Warren Buffett

Investing

Types of Investing Mistakes

There are two types of mistakes: 1) doing nothing, what Warren calls “sucking my thumb” and 2) buying with an...

Related Topics: doing nothing, eyedropper, mistakes, nothing, sucking my thumb, Warren Buffett

Investing