Quotessence
Home / Topics / Buffett Quotes

Buffett Quotes

Browse 74 quotes about Buffett.

Related topics

Warren BuffetPeopleThinkingGatesSaidShouldTaxesBillionaireBillsInvestingYearsIfsValuesWorld

Buffett Quotes

“If P=NP, then the world would be a profoundly different place than we usually assume it to be. There would be no special value in “creative leaps,” no fundamental gap between solving a problem and recognizing the solution once it's found. Everyone who could appreciate a symphony would be Mozart; everyone who could follow a step-by-step argument would be Gauss; everyone who could recognize a good investment strategy would be Warren Buffett.”

IfsWorldDifferentProblemWould BeValuesFoundStepsCreativeSpecialSolutionsArgumentAppreciateFundamentalsStrategyAssumingInvestmentGapsLeapRecognizingSymphonyDifferent PlaceBuffettWarren Buffet
Author:Scott Aaronson
Create image

“I admire leaders in science, people who really figure things out like Richard Fineman or people who work on vaccines, tons of people working on [the] HIV vaccine. There's leaders in business, people like Warren Buffett, who've got a certain approach they take that are pretty amazing. There [are] product innovators like Steve Jobs was, where he gets behind a concept and does a fantastic job.”

PeopleDoeJobsCertainBehindsLeaderFiguresProductsApproachConceptsAdmireFantasticHivVaccinesInnovatorsBuffettWarren Buffet
Author:Bill Gates
Create image

“I've said repeatedly publicly, and other members have, that until you adjust the eligibility for entitlements, do things like raising the age for Medicare for future beneficiaries. Not for those currently receiving or those about to receive. Have serious means testing for high income people. You know Warren Buffett's always complaining about not paying enough taxes. And what I'm complaining about is we're paying for his Medicare. We ought not to be providing these kinds of benefits for millionaires and billionaires.”

PeopleKnowsKindMeanSaidEnoughAgeSeriousOughtTaxesMembersBenefitsComplainingIncomeReceivingProvidingTestingMillionaireEntitlementBillionaireMedicareBeneficiariesBuffettWarren BuffetAlways ComplainingEligibility
Author:Mitch McConnell
Create image

“To value investors the concept of indexing is at best silly and at worst quite hazardous. Warren Buffett has observed that "in any sort of a contest - financial, mental or physical - it's an enormous advantage to have opponents who have been taught that it's useless to even try." I believe that over time value investors will outperform the market and that choosing to match it is both lazy and shortsighted.”

TryingBelieveHas BeensValuesI BelieveWorstTaughtConceptsAdvantageFinancialSillyEnormousUselessOpponentsLazyInvestorsContestsBuffettWarren BuffetIndexing
Author:Seth Klarman
Create image

“Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget the first rule." I too believe that avoiding loss should be the primary goal of every investor. This does not mean that investors should never incur the risk of any loss at all. Rather "don't lose money" means that over several years an investment portfolio should not be exposed to appreciable loss of principal.”

ShouldYearsFirstsBelieveMeanDoeGoalLosesLossForgetRiskInvestmentInvestingLikesPrimariesNever ForgetInvestorsExposedPrincipalAvoidingPortfoliosBuffettWarren Buffet
Author:Seth Klarman
Create image

“There's a clarity that comes with great ideas: You can [easily and simply] explain why something's a great business, how and why it's cheap, why it's cheap for temporary reasons and how, on a normal basis, it should be trading at a much higher level. You're never sitting there on the 40th page of your spreadsheet, as Buffett would say, agonizing over whether you should buy or not.”

ShouldIdeasReasonLevelsHigherNormalPagesSittingBasesClarityTemporaryTradingGreat IdeaHigher LevelGreat BusinessAgonizingBuffett
Author:Joel Greenblatt
Create image

“Behind every liberal philanthropist fortune is a huge capitalist score. Bill Gates and Warren Buffett can afford now to be liberal - an expensive indulgence - because in their early incarnations they were no-holds-barred capitalists who made lots of enemies conducting business without mercy and in search of pure profit.”

MadeBehindsEnemyHugePureMercyBillsFortuneProfitExpensiveScoreGatesCapitalistIndulgenceIncarnationConductingPhilanthropistBuffettWarren Buffet
Author:Victor Davis Hanson
Create image

“The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And most people do not get this straight in their heads. But a fellow like Buffett does. For example, when we were in the textile business, which is a terrible commodity business, we were making low-end textiles-which are a real commodity product. And one day, the people came to Warren and said, "They've invented a new loom that we think will do twice as much work as our old ones."”

PeopleThinkingDoeSaidRealEndsHelpingTechnologyExampleProductsTerribleLessonsOne DayLowsFellowsCommodityBuffettTextilesMicroeconomics
Author:Charlie Munger
Create image

“I think reading intelligent expressions of different points of view is a good thing, and there is a way in which being in academia in a classroom at the University probably gives you, can give you an academic view of things, and reading actual real time debates about what should we do in Syria or the Buffett rule, budget issues...gives you a kind of sense that's hard to get in a classroom.”

ThinkingWayGivingShouldKindDifferentRealHardReadingViewsIssuesExpressionIntelligentGood ThingsUniversityPoint Of ViewDebateBudgetsAcademicClassroomSyriaAcademiaDifferent Points Of ViewBuffett
Author:William Kristol
Create image

“I was announcing to the public, in 2006, that I'd be leaving Microsoft in a couple of years and focusing full-time on the foundation. That was the time at which we went back to New York and Warren [Buffett] announced these gifts to a number of foundations, with a very high percentage of it going to us and basically doubling our capacity.”

YearsNumbersNew YorkCoupleCapacityFoundationLeavingPercentagesMicrosoftAnnouncingBuffettWarren Buffet
Author:Bill Gates
Create image

“In the philanthropy game, you're going for different outcomes: saving childhood lives, having kids grow up - because they don't have malnutrition or disease - that they achieve their full potential. We take for Warren [Buffett] things that, because he's very intelligent about the world but doesn't get to go out in Africa and see what we see, we've taken and say to him where we stand and it's basically a very positive report that his gift has made a phenomenal difference.”

WorldMadeDifferentKidsGamesGrowsDifferencesGrowing UpTakenChildhoodAchieveDiseaseIntelligentSavingOutcomesReportsPhilanthropyPhenomenalFull PotentialMalnutritionVery PositiveHaving KidsBuffettWarren Buffet
Author:Bill Gates
Create image

“Vladimir Putin is the wealthiest man on the planet, for sure. But this is different to the wealth of a Bill Gates or a Warren Buffett, a Carlos Slim or a Sergey Brin. They stay wealthy whether it is Barack Obama or Donald Trump in power. Putin's wealth depends on him staying in power. It is all about controlling the budget, the hard currency reserves and keeping under his thumb the oligarchs who cannot move their money without his permission. It is something close to a trillion dollars that he can control and move.”

MenDifferentMovingWealthBarackGatesWealthyCurrencyBuffettWarren Buffet
Author:Garry Kasparov
Create image

“Wal-Mart, with its legendary focus on customer value in terms of price, is innovating in sustainability. Now, we're beginning to see the mirror image, a convergence, as the not-for-profit sector is beginning to serve more effectively by applying private sector accountability and efficiencies to social needs. This reflects a rising recognition that to serve others best requires more than good intentions; it mandates a focus on real-world results. Bill Gates and Warren Buffett are among the most conspicuous advocates and representatives of this transformation.”

ValuesTermFocusTransformationIntentionRecognitionAccountabilityGatesSustainabilityEfficiencyGood IntentionsLegendaryBuffettWarren BuffetMirror Image
Author:James M Strock
Create image

“I see friends who are in different genres of music, and they say they're so burnt playing the same stuff every night. That's why you see a country act wanting to go out and play an old classic rock song. But what cracks me up is that they all want to be Jimmy Buffett. I can't figure that out.”

WantI CanDifferentCountryPlayNightSongStuffRocksFiguresGenreClassicCracksEvery NightJimmyDifferent GenresBuffettGenres Of MusicClassic RockRock SongOld RockDifferent Genres Of Music
Author:Kid Rock
Create image