Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

A HERETIC I AM

(24,365 posts)

7. Warren Buffet didn't get to the position he is in because he has or had money to burn!

Reply to lastlib (Reply #6)

Mon Feb 10, 2014, 01:25 PM

Feb 2014

Warren is an interesting guy, and has said some interesting things over the years, to wit;

"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."

And this;

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

Edit history

Please sign in to view edit histories.

7 replies

= new reply since forum marked as read

Highlight:

Question to all.... [View all] clarice Feb 2014 OP

Good question. I don't follow sectors that much... Common Sense Party Feb 2014 #1

Thanks, I will check it out. nt clarice Feb 2014 #2

Common... clarice Feb 2014 #3

I stay far, far away from those. Common Sense Party Feb 2014 #4

Me too. nt clarice Feb 2014 #5

They're "penny" stocks for a reason...... lastlib Feb 2014 #6

Warren Buffet didn't get to the position he is in because he has or had money to burn! A HERETIC I AM Feb 2014 #7