Home / Quotes / Quote by Warren Buffett

Quote by Warren Buffett

“Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.”

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

“The dominant factors affecting control valuations are earning power (past and prospective) and asset values.”

Past Values Factors Assets Dominant Earning Valuation

Author:Warren Buffett

“In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment; (2) our increased size; and (3) substantially more competition.”

Years Seems Three Opportunity Causes Difficult Effort Environment Changed Competition Size Productivity Objectives Factors Dozen

Author:Warren Buffett

“I have always cautioned partners that I considered three years a minimum in determining whether we were "performing".”

Years Three Partners Performing Three Years Minimum

Author:Warren Buffett

“As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.”

People Long Made Able Form Term Security Return Offers Activity Investment Rate Permanent Long Term Pleasant Buying Grades Controlled Ownership Nevertheless Conjunctions

Author:Warren Buffett

“I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.”

World Long Values Courses Term Effort Practice Security Periods Consequence Bother Long Term Short Term Business World

Author:Warren Buffett

“Investment ideas, like women are often more exciting than punctual.”

Ideas Exciting Investment Punctual

Author:Warren Buffett

“We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.”

Suffering Games Security Performances Relation Investment Profit Various Controlled

Author:Warren Buffett

“As one of my older friends says, "Nostalgia just isn't what it used to be." Let's take a stab at it, anyway.”

Used Nostalgia Used To Be Older Friends

Author:Warren Buffett

“One observer commenting on security analysts over forty stated: "They know too many things that are no longer true." As long as I am "on stage", publishing a regular record and assuming responsibility for management of what amounts to virtually 100% of the net worth of many partners, I will never be able to put sustained effort into any non-BPL activity. If I am going to participate publicly. I can't help being competitive. I know I don't want to be totally occupied with out-pacing an investment rabbit all my life. The only way to slow down is to stop.”

“I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.”

People May Running Desire Causes Conditions Sells Admire Fancy Controlled Units

Author:Warren Buffett