Inflation could be a very - is a likely consequence out of what's going on now. — Warren Buffett Copy Share Image
“Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the… — Warren Buffett Copy Share Image
It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them. — Warren Buffett Copy Share Image
Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them. — Warren Buffett Copy Share Image
Buy into a company because you want to own it, not because you want the stock to go up. — Warren Buffett Copy Share Image
You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause… — Warren Buffett Copy Share Image
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will… — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. — Warren Buffett Copy Share Image
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn… — Warren Buffett Copy Share Image
“say, a 2:1 ratio than it is to have far greater coverage provided by a single utility. A catastrophic event can render… — Warren Buffett Copy Share Image
It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance… — Warren Buffett Copy Share Image
An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a… — Warren Buffett Copy Share Image
You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your… — Warren Buffett Copy Share Image
The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because… — Warren Buffett Copy Share Image
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary… — Warren Buffett Copy Share Image
We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached… — Warren Buffett Copy Share Image
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing… — Warren Buffett Copy Share Image
I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest… — Warren Buffett Copy Share Image
And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really… — Warren Buffett Copy Share Image
Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know,… — Warren Buffett Copy Share Image
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of… — Warren Buffett Copy Share Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We… — Warren Buffett Copy Share Image
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial… — Warren Buffett Copy Share Image
The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently… — Warren Buffett Copy Share Image
In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal. — Warren Buffett Copy Share Image
Stocks are the only thing that people are happy to buy when the price goes up. — Warren Buffett Copy Share Image
The most important quality for an investor is temperament, not intellect. — Warren Buffett Copy Share Image
If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in… — Warren Buffett Copy Share Image
Wide diversification is only required when investors do not understand what they are doing. — Warren Buffett Copy Share Image
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for… — Warren Buffett Copy Share Image
The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're… — Warren Buffett Copy Share Image
What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget… — Warren Buffett Copy Share Image
The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high… — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities,… — Warren Buffett Copy Share Image
I always say that in investing you want to buy stock in a company that has a business that's so good that… — Warren Buffett Copy Share Image
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you… — Warren Buffett Copy Share Image
The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the… — Warren Buffett Copy Share Image
Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's… — Warren Buffett Copy Share Image
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one… — Warren Buffett Copy Share Image
I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what… — Warren Buffett Copy Share Image
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual… — Warren Buffett Copy Share
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share
We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are… — Warren Buffett Copy Share
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the… — Warren Buffett Copy Share
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share
I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're… — Warren Buffett Copy Share
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to… — Warren Buffett Copy Share
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to… — Warren Buffett Copy Share
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share
What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it. — Warren Buffett Copy Share
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've… — Warren Buffett Copy Share
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the… — Warren Buffett Copy Share
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate… — Warren Buffett Copy Share