Comments on: Words of Wisdom From Warren Buffett http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/ personal finance tips, tricks, and commentary Mon, 13 Feb 2012 01:36:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Brian Preston, CFP/CPA http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115828 Brian Preston, CFP/CPA Tue, 11 Mar 2008 02:14:41 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115828 Thanks again to nickel for inviting me to be a guest writer. I enjoyed the experience immensely and hope to be back again. If you share my interest in Warren Buffett, please give a listen to my latest podcast. I share my perspective on his latest Berkshire Hathaway shareholder letter: <a href="http://www.money-guy.com/a-review-of-warren-buffett-s-letter-to-shareholders" rel="external">link to podcast</a> Thanks again to nickel for inviting me to be a guest writer. I enjoyed the experience immensely and hope to be back again.

If you share my interest in Warren Buffett, please give a listen to my latest podcast. I share my perspective on his latest Berkshire Hathaway shareholder letter:

link to podcast

]]> By: Nick http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115687 Nick Sat, 01 Mar 2008 23:29:46 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115687 I tried reading his “letter to the shareholders” one day, yet I didn’t find him fascinating or exhilarating, or anything else in that matter. If the tide goes out, the one who swims will go out too… plus if I want to know I’ll learn here and now, why will I wait? He doesn’t wait either. A part of his "letters", and some "lessons" he doesn’t tell you much of “his way”. So you read books about him, not his books. Let me see… if you wish to know a person do you look at him or at his reflection in the mirror, do you listen his words or the description that someone else will give you? Hummm My favorite quote is actually very recent… couple of days ago. He said… “Party is over folks”. I would sure respect him for one think He did what he wanted, not what he was advised to do. That I think is his secret trick, the rest is junk. I tried reading his “letter to the shareholders” one day, yet I didn’t find him fascinating or exhilarating, or anything else in that matter.

If the tide goes out, the one who swims will go out too… plus if I want to know I’ll learn here and now, why will I wait? He doesn’t wait either.

A part of his “letters”, and some “lessons” he doesn’t tell you much of “his way”. So you read books about him, not his books. Let me see… if you wish to know a person do you look at him or at his reflection in the mirror, do you listen his words or the description that someone else will give you? Hummm

My favorite quote is actually very recent… couple of days ago. He said… “Party is over folks”. I would sure respect him for one think He did what he wanted, not what he was advised to do. That I think is his secret trick, the rest is junk.

]]> By: Boring Market http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115619 Boring Market Thu, 28 Feb 2008 09:39:13 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115619 “If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.” This could be my favorite quote by Warren Buffett, it separates investing from speculation. “You can only find out who is swimming naked when the tide goes out.” Yeah, I'm not quite sure about this one. “If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.”

This could be my favorite quote by Warren Buffett, it separates investing from speculation.

“You can only find out who is swimming naked when the tide goes out.”

Yeah, I’m not quite sure about this one.

]]> By: thehungrydollar.com http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115617 thehungrydollar.com Thu, 28 Feb 2008 06:53:33 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115617 I'm currently reading Warren Buffet's "The Essays of Warren Buffet: Lessons for Corporate America." It's a great read! I definitely recommend picking it up... I’m currently reading Warren Buffet’s “The Essays of Warren Buffet: Lessons for Corporate America.” It’s a great read! I definitely recommend picking it up…

]]> By: RacerX http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115616 RacerX Thu, 28 Feb 2008 06:20:08 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115616 Love Mr Buffett and not just because I grew up in Omaha! I especially love that about every five years (around the time a new bubble starts) the pundits pop out telling how BRK is out of touch with the New-new Economy! Love Mr Buffett and not just because I grew up in Omaha!

I especially love that about every five years (around the time a new bubble starts) the pundits pop out telling how BRK is out of touch with the New-new Economy!

]]> By: Ron@TheWisdomJournal http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115615 Ron@TheWisdomJournal Thu, 28 Feb 2008 03:46:02 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115615 @Mark Read his letters to shareholders. He speaks of "dancing in and out of the markets" and laments the fact that it is more difficult with billions of dollars. He times the market, he just does it better than anyone else. @Mark
Read his letters to shareholders. He speaks of “dancing in and out of the markets” and laments the fact that it is more difficult with billions of dollars.

He times the market, he just does it better than anyone else.

]]> By: My Retirement Blog http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115614 My Retirement Blog Thu, 28 Feb 2008 03:35:15 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115614 @ Mark I wouldn't call him a market timer but I wouldn't say he ignores the market either, only a fool would ignore the market. @ Mark
I wouldn’t call him a market timer but I wouldn’t say he ignores the market either, only a fool would ignore the market.

]]> By: Mark http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115613 Mark Thu, 28 Feb 2008 00:58:56 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115613 @ Ron Agreed that Warren's the king, but I'm not sure I'd call him a market timer! He seems to mostly ignore the market and put all of his focus on individual businesses and their merits, and leaves the market out of it. His great choices come from the ability to understand the fundamental nature and value of a business, and he buys whenever the right opportunity presents itself. @ Ron

Agreed that Warren’s the king, but I’m not sure I’d call him a market timer! He seems to mostly ignore the market and put all of his focus on individual businesses and their merits, and leaves the market out of it.

His great choices come from the ability to understand the fundamental nature and value of a business, and he buys whenever the right opportunity presents itself.

]]> By: WeSeed Editor http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115608 WeSeed Editor Wed, 27 Feb 2008 19:44:24 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115608 Warren's the man! These are quotes that every beginner should be exposed to before exposing themselves in the market. Warren’s the man! These are quotes that every beginner should be exposed to before exposing themselves in the market.

]]> By: Fiscal Musings http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115606 Fiscal Musings Wed, 27 Feb 2008 17:59:17 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115606 A nice list of quotes. I've been meaning to go back and read his letters to the shareholders since they're available the website. A nice list of quotes. I’ve been meaning to go back and read his letters to the shareholders since they’re available the website.

]]> By: Ron@TheWisdomJournal http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115604 Ron@TheWisdomJournal Wed, 27 Feb 2008 16:11:47 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115604 Great list of quotes. Buffet is the king of market timers and is seldom wrong. One of my favorite quotes of his is that he hopes business schools keep teaching efficient market theory because it helps him make money. When everyone zigs, Buffet zags. Great list of quotes. Buffet is the king of market timers and is seldom wrong. One of my favorite quotes of his is that he hopes business schools keep teaching efficient market theory because it helps him make money.

When everyone zigs, Buffet zags.

]]> By: Master Your Card http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/comment-page-1/#comment-115601 Master Your Card Wed, 27 Feb 2008 13:36:37 +0000 http://www.fivecentnickel.com/2008/02/27/words-of-wisdom-from-warren-buffett/#comment-115601 Great quotes from the Oracle of Omaha! Thanks for the inspiration, Jonathan Great quotes from the Oracle of Omaha!

Thanks for the inspiration,

Jonathan

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