A Quote by Warren Buffett

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.

Warren Buffett

Quote Topics

Accounting Achievements Alchemist Alchemy Base Become Become Rich Business Capital Claiming End Fails Financial Golden Gullible He Man His In The End Investors Man May Rather Rich Source Structure Than Transformed Tricks Wealth Whether Will

Quote Author

Warren Buffett
American - Businessman
Born: August 30, 1930

Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.

Tilman J. Fertitta

An entrepreneur, whether man or woman, has to be willing to take help, whether financial or technical, to grow his or her business.

Chanda Kochhar

The digital business is a fantastic business to be in. The only thing you have to do is build a cost structure for a declining business, which is different from the structure for a growing business.

Antonio Perez

There is no business like show business, Irving Berlin once proclaimed, and thirty years ago he may have been right, but not anymore. Nowadays almost every business is like show business, including politics, which has become more like show business than show business is.

Russell Baker

Call on a business man only at business times, and on business; transact your business, and go about your business, in order to give him time to finish his business.

Duke of Wellington

You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself

Warren Buffett

By all indications, American business leaders are more adept at creating business strategies than they are skilled at human capital management. American entrepreneurs are world-beaters when it comes to creating new businesses, and corporate managers are adept at using the latest marketing, financial, and technological practices.

James O'Toole

With the permanent elimination of this tax, farmers and business owners will have the sense of security they need to plan for the financial future of their business or farm and their family.

Doc Hastings

We wish to control big business so as to secure among other things good wages for the wage-workers and reasonable prices for the consumers. Wherever in any business the prosperity of the business man is obtained by lowering the wages of his workmen and charging an excessive price to the consumers we wish to interfere and stop such practices. We will not submit to that kind of prosperity any more than we will submit to prosperity obtained by swindling investors or getting unfair advantages over business rivals.

Theodore Roosevelt

Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.

Joel Osteen

Any good business person applies financial discipline to everything they do. The movie business is and should be no different; I don't believe you have to sacrifice creativity to have business success. To the contrary, great art requires discipline.

Paula Wagner

Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.

Warren Buffett

I've been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility.

Rick Ross

Advertising is a business within a business and the man who neglects it will soon find himself with a business without a business.

Frank Farrington

The financial capital is being concentrated by corporations, institutional investors, and even our pension funds, and being reinvested in companies that repeat this process because it provides the highest return on that financial capital.