Warren Buffet has a Attitude

Bob Batt, EVP of Nebraska Furniture Mart once said "Getting business advice from Warren Buffett is like getting physics lessons from Albert Einstein." Mr. Buffet surely has an attitude when it comes to business, but a person of his financial stature can afford to have one. Ponder these "Warren Buffet" thoughts...

A public-opinion poll is no substitute for thought.

Chains of habit are too light to be felt until they are too heavy to be broken.

I always knew I was going to be rich. I don't think I ever doubted it for a minute.  

I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.

Price is what you pay. Value is what you get.

Risk comes from not knowing what you're doing.

Risk is a part of God's game, alike for men and nations.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

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.

There seems to be some perverse human characteristic that likes to make easy things difficult.

I buy expensive suits. They just look cheap on me.

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. 

In the business world, the rearview mirror is always clearer than the windshield.

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Let blockheads read what blockheads wrote.

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

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.

Only when the tide goes out do you discover who's been swimming naked.

Time is the friend of the wonderful company, the enemy of the mediocre.

When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".

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.

You only have to do a very few things right in your life so long as you don't do too many things wrong.

Your premium brand had better be delivering something special, or it's not going to get the business.