Warren Buffett Quotes

A bad salesman will automatically drop his price. Bad salesmen make me sick.

I'm a pathetic haggler and often give more than the original price out of a misplaced sense of duty.

Never make too good of a deal. It sounds a little counterintuitive, but the deals that are too good of a deal for you in the long run will end up hurting you. A lot of people in our business don't realize that. They think their job is to go in a room and negotiate the highest price.

And I also think it's a violin when you're selling it and a fiddle when you're buying it.

If you're going to play the bargaining game, you just need to make the other side mad. You want them to get a little annoyed. Then you know that you've come in with a good price.

How can one bargain for anything that is worth while? And what else is worth bargaining for?

There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.

In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.

If we look at pricing holistically, we'll create a more solid business.

Cutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.

Cutting prices or putting things on sale is not sustainable business strategy.

If you're at an antiques fair, and have been unable to beat the dealer down earlier in the day, pay a return visit at the end. They may be more inclined to accept your offer, rather than having to pack the piece up and take it home.

So if I get these actors for 30% of their price by coming in so late with an offer when they know they are not getting another offer then I do it this way.

'Priced to sell' - just the phrase makes me smile. When a dealer says all the items in his booth are priced to sell, he means he's tagged them as aggressively as he can to get you to buy them. Don't worry, though, I still haggle. You have to. That's the point of a flea market.

I've been making deals all my life.

I'm one of the idiots that negotiates after I write.

I knew I could get a better price without calling for bids

You can never in negotiations be totally predictable. The minute you’re predictable, they’re going to figure out how to take advantage.

The most expensive way to do business is to do it deal by deal, each of which is highly contentious.

I never wanted to compete on price in my history because on price, you don't always win.

I look at companies as price-players or quality-players. The only way to go with J.Crew was quality.

Practice negotiating, and hone your style and skills with low-consequence transactions. Call the phone company and threaten to switch providers if they won't give you a better deal on your service going forward. Go to a boutique and ask for a discount.

Asking, "How much is it?" is THE BIGGEST buying signal. Telling me, "Your price is too high." is THE SECOND BIGGEST buying signal

I have learned that in all negotiations nothing matters except the will to reach agreement.

Bargaining is essential to the life of the world; but nobody has ever claimed that it is an ennobling process.