Investors should remember that excitement and expenses are their enemies.
WB
Warren BuffettBerkshire Hathaway shareholder letter (2004)
About Warren Buffett
Chairman of Berkshire Hathaway and one of the most successful investors in history. (b. 1930)
More from Warren Buffett
- Price is what you pay; value is what you get.Berkshire Hathaway shareholder letter (2008)
- We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.Berkshire Hathaway shareholder letter (1986)
- You only find out who is swimming naked when the tide goes out.Berkshire Hathaway shareholder letter (2001)
- It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.Berkshire Hathaway shareholder letter (1989)
- Time is the friend of the wonderful business, the enemy of the mediocre.Berkshire Hathaway shareholder letter (1989)
- When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.Berkshire Hathaway shareholder letter (1988)
More quotes on money and business
- Rather than love, than money, than fame, give me truth.Henry David Thoreau
- Beware of all enterprises that require new clothes.Henry David Thoreau
- Being the richest man in the cemetery doesn't matter to me. Going to bed at night saying we've done something wonderful, that's what matters to me.Steve Jobs
- We don't want to make our money selling things that are bad for people.Charlie Munger
- Money doesn't change men. It merely unmasks them.Henry Ford
- Money is only a tool in business. It is just a part of the machinery.Henry Ford
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