All Quotes

Life

Life is charming, my friend, if you but look at it through the right spectacles. Alexandre Dumas fils – French writer (1824-1895), from “The Camelia-lady” (“La dame aux camélias”, 1848) La vie est charmante, mon cher, c”est selon le verre par lequel on la regarde. Alexandre Dumas fils – écrivain français (1824-1895), de “La dame aux...

Learning from Keynes

Keynes identified my problem: “The difficulty lies, not in the new ideas but in escaping from the old ones.” Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1983)

Understand, not just tolerate

I am not asking you to merely tolerate each other. Tolerance is for cowards. Being tolerant requires nothing of you, but to be quiet and not make waves, holding tightly to your views and judgments without being challenged. Do not merely tolerate each other. Work hard! Move into uncomfortable territory and seek to understand each other. Randall L. Stephenson Jr. – American telecommunications...

Successfull investing

Think about long-term business prospects rather than short-term stock market prospects. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1991)

Try

You need to fill your mind with various competing thoughts and decide which make sense. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), at the BRK Annual Meeting (May 2007)

Recommendation

Never ask a barber if you need a haircut. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), at the Berkshire Hathaway 1994 annual meeting

Think for yourself

You have to think for yourself. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in U.S. News and World Report (June 1994)

Smart

If you’re smart, you don’t need debt. If you’re dumb, it’s poisonous. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), to Salomon Inc’s clients (September 13, 1991)

Make money

The secret of making money is to avoid risks. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), quoted in “The Midas Touch” (2009)

Timing

It”s much easier to stay out of trouble now than to get out of trouble later. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), quoted in “The Winning Investment Habits of Warren Buffett & George Soros” (2013)

Rational

Investment must be rational; if you don”t understand it, don”t do it. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), quoted in “Forbes” (19. Oktober 1992)

Markets

The nature of markets is that at times they offer extraordinary values and at other times you have to have the discipline to wait. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in an interview with Anthony Bianco in “Business Week” (July 5th, 1999)

Transfer

We feel noble intentions should be checked periodically against results. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in the “Berkshire Hathaway Annual Report 1999” (2000)

Experience

You want to learn from experience, but you want to learn from other people”s experience when you can. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Q&A session with MBA students at Tuck School of Business, Dartmout (2005)

The crisis

Do not pretend that things will change if we always do the same. The crisis is the best blessing that can happen to people and countries, because the crisis brings progress. Creativity is born from the distress, as the day is born from the dark night. It is in crisis that invention, discovery and large strategies are born. Who ever overcomes crisis, outdoes himself without being overcome. Who...

Plan

An idiot with a plan can beat a genius without a plan. Warren Buffett – American Value investor, Chairman of Berkshire Hathaway (b. 1930)

Lead by God

Unless we are governed by God, we shall be ruled by tyrants. attributed to William Penn – American Quaker and preacher, foundet the state of Pennsylvania (1644-1718)

Knowledge is power

Never assume! Ask, analyse, test, implement! Bernd Keller – German company founder, CEO “tRUE STANDARD” (b. 1966)

Home

Home is not where you are from, it is where you belong. Some of us travel the whole world to find it. Others find it in a person. Beau C. Taplin – Australian poet (b. 1988), from his poem “The Explorers”, in “Worlds of You” (2018)

Self-trust

Self-trust is the first secret of success. Ralph Waldo Emerson – American writer (1803-1882), from the essay “Success”, in “Society and Solitude and other Essays” (1870)