“We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'”
Romantic“The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
Business“We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'”
Romantic“Your premium brand had better be delivering something special, or it's not going to get the business.”
Business“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”
Money“Time is the friend of the wonderful company, the enemy of the mediocre.”
Time“The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.”
Society“Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.”
Fear“Someone's sitting in the shade today because someone planted a tree a long time ago.”
Inspirational“Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.”
Nature“In the business world, the rearview mirror is always clearer than the windshield.”
Business“If past history was all there was to the game, the richest people would be librarians.”
History“The only time to buy these is on a day with no 'y' in it.”
Time“You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.”
Time“Our favorite holding period is forever.”
Business“The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
Business“You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.”
Life“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”
Money“When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”
Business“I buy expensive suits. They just look cheap on me.”
Funny“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
Money“If a business does well, the stock eventually follows.”
Business