A Quote by Warren Buffett

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

Warren Buffett

Quote Topics

Advantage Buying Months Nothing Our Perhaps Price Securities Them While Wise Years

Quote Author

Warren Buffett
American - Businessman
Born: August 30, 1930

The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell.

Benjamin Graham

Buying a home is a very emotional process. It's important to remain rational and stick with your price limit while buying.

Scott McGillivray

The basic concept of value to a private owner and being motivated when you're buying and selling securities by reference to intrinsic value instead of price momentum - I don't think that will ever be outdated.

Charlie Munger

Nothing raises the price of a blessing like its removal; whereas, it was its continuance which should have taught us its value. [It is wise to be grateful of what we have while we have it.]

Henry Moore

It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.

Michal Kalecki

Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.

Warren Buffett

Governments, many of them European, are actually offering - and investors are buying - bonds that are worth less at the end of five or 10 or even 30 years than their purchase price.

Neil Macdonald

The wise man realistically accepts as part of life and builds a philosophy to meet them and make the most of them. He lives on the principle of nothing attempted, nothing gained and is resolved that if he fails he is going to fail while trying to succeed.

Bill Vaughan

I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their profession. Well, of course, I know you cannot invest in securities successfully with odds like that against you if you place dependence solely upon judgement as to the right securities to own and the right time or price to buy them. Then, too, I read somewhere about the man who described an economist as resembling ‘a professor of anatomy who was still a virgin.’

Gerald M. Loeb

If you ask me what I think people should be getting next season, I’ll tell you what I’d like them to buy—nothing. I’d like people to stop buying and buying and buying.

Vivienne Westwood

We've got the emPHAsis on the wrong sylLAble when it comes to crime in this country. The FBI says burglary and robbery cost U.S. taxpayers $3.8 billion annually. Securities fraud alone costs four times that. And securities fraud is nothing to the cost of oil spills, price-fixing, and dangerous or defective products. Fraud by health-care corporations alone costs us between $100 billion and $400 billion a year. No three-strikes-and-you're-out for these guys. Remember the S&L scandal? $500 billion.

Molly Ivins

Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction price. If you were building a securities exchange today, an auction would be a core feature.

Tyler Winklevoss

Nothing excites men's curiosity so much as Mystery, concealing things which they desire to know; and nothing so much increases curiosity as obstacles that interpose to prevent them from indulging in the gratification of their desires. Of this the Legislators and Hierophants took advantage, to attract the people to their sanctuaries, and to induce them to seek to obtain lessons from which they would perhaps have turned away with indifference if they had been pressed upon them.

Albert Pike

To-morrow — oh, 'twill never be, If we should live a thousand years! Our time is all to-day, to-day, The same, though changed; and while it flies With still small voice the moments say: "To-day, to-day, be wise, be wise.

James Montgomery

He who hopes to avoid all failure and misfortune is trying to live in a fairyland; the wise man realistically accepts failures as a part of life and builds a philosophy to meet them and make the most of them. He lives on the principle of 'nothing attempted, nothing gained' and is resolved that if he fails he is going to fail while trying to succeed.