Home / Quotes / Quote by Warren Buffett

Quote by Warren Buffett

“Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.”

Quote by Warren Buffett

Author

Warren Buffett, born on August 30, 1930, is a renowned investor. Known as the 'Oracle of Omaha,' he is the chairman and CEO of Berkshire Hathaway, a diversified holding company involved in insurance, railroads, energy, finance, and more. Buffett's investment philosophy emphasizes value investing, and he is known for his long-term investment and stable investment strategies. more

You May Also Like

“Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.”

I Can Happens Tvs Ears Chaos Investing Economist Charlie Commentators Wallets Anything Can Happen Advisors

Author:Warren Buffett

“I don't think the Federal Reserve has any role in how high rates are right now. I don't understand why everyone is paying attention to this tapering. The Fed is using one kind of bond to buy another kind of bond. What's the big deal, and why is anyone taking the Fed seriously?”

Thinking Kind Bigs Deals Attention Roles Right Now Rate Investing Pay Attention Feds Reserves Big Deal Federal Reserve Tapering

Author:Eugene Fama

“There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life.”

Facts Literature Evidence Economics Investing Accepted Finance Uncertainty Efficient Propositions Hypothesis Facts Of Life Accounting Empirical Evidence Efficient Markets

Author:Michael Jensen

“Fund investors are confident that they can easily select superior fund managers. They are wrong.”

Investing Superiors Managers Fund Investors Select

Book:The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

Source: The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

“The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.”

Littles Long Has Beens Reason Guy Turns Games Sin Pay Groups Huge Fool Majors Institutions Investment Investing Decades Managers Fund Investors Fees Consultants Index Funds

Author:Warren Buffett

“The genesis of a poem for me is usually a cluster of words. The only good metaphor I can think of is a scientific one: dipping a thread into a supersaturated solution to induce crystal formation. I don't think I solve problems in my poetry; I think I uncover the problems.”

Thinking I Can Problem Solutions Metaphor Solve Thread Crystals Formation Genesis Clusters

Book:Waltzing Again: New and Selected Conversations with Margaret Atwood

Source: Waltzing Again: New and Selected Conversations with Margaret Atwood

“I think that we, as the African-American men in hip-hop, we have a greater responsibly because we have the ears of so many millions of our young people. And they listenin'.”

People Thinking Men Success Young Faith Millions Greater Relationship Ears Hip Hop Hips African American Hops Harvey

Author:Steve Harvey

“Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.”

“Nothing highlights better the continuing gap between rhetoric and substance in British financial services than the failure of providers here to emulate Jack Bogle's index fund success in the United States. Every professional in the City knows that index funds should be core building blocks in any long-term investor's portfolio. Since 1976, the Vanguard index funds has produced a compound annual return of 12 percent, better than three-quarters of its peer group.”

“Markets are efficient, but there are different dimensions of risk and those lead to different dimensions of expected returns. That's what people should be concerned with in their investment decisions and not with whether they can pick stocks, pick winners and losers among the various managers delivering basically the same product.”