At the end of the day that's the only thing you can't pay for, the thing you can't get back. So you gotta learn to sacrifice that time to put something you trying to invest in. Read Summary
Buy land. They ain't making any more of the stuff. Read Summary
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it. Read Summary
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Read Summary
The only time to buy these is on a day with no 'y' in it. Read Summary
I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game. Read Summary
I just think people should invest in the world. Don't invest in fashion, but invest in the world. Read Summary
I think money is a wonderful thing because it enables you to do things. It enables you to invest in ideas that don't have a short-term payback. Read Summary
I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever. Read Summary
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt. Read Summary
Demographics show that we are entering a battle between young and old. I call it the 'Age War.' The young want to hang onto their money to grow their families, businesses, and wealth. The old want the tax and investment dollars of the young to sustain their old age. Read Summary
My philosophy is that if I have any money I invest it in new ventures and not have it sitting around. Read Summary
Politeness and civility are the best capital ever invested in business. Large stores, gilt signs, flaming advertisements, will all prove unavailing if you or your employees treat your patrons abruptly. The truth is, the more kind and liberal a man is, the more generous will be the patronage bestowed upon him. Read Summary
True leaders don't invest in buildings. Jesus never built a building. They invest in people. Why? Because success without a successor is failure. So your legacy should not be in buildings, programs, or projects; your legacy must be in people. Read Summary
You have to stay in school. You have to. You have to go to college. You have to get your degree. Because that's the one thing people can't take away from you is your education. And it is worth the investment. Read Summary
In any investment, you expect to have fun and make money. Read Summary
Because we're actors we can pretend and fake it, but I'd rather the intimate investment was authentic. Read Summary
I live in New Orleans part of the year, and it's a really fun eating town. I bought two homes there, one to live in and one as an investment. They love to eat, drink and dress up in costumes. There are so many reasons to dress up - Mardi Gras, Halloween, Southern Decadence. Read Summary
What prudent merchant will hazard his fortunes in any new branch of commerce when he knows not that his plans may be rendered unlawful before they can be executed? Read Summary
If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century. Read Summary