If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun. — Warren Buffett Copy Share Image
If horses had controlled investment decisions, there would have been no auto industry. — Warren Buffett Copy Share Image
When the brothel burns down, even the pretty girls have to run out. — Warren Buffett Copy Share Image
I always invest in companies an idiot could run, because one day one will. — Warren Buffett Copy Share Image
You could be somewhere where the mail was delayed three weeks and do just fine investing. — Warren Buffett Copy Share Image
The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life… — Warren Buffett Copy Share Image
So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them. — 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
Investing requires qualities of temperament way more than it requires qualities of intellect. — 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
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals. — 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
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. — 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
The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the… — 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
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 have never been able to understand why the tax comes as such a body blow to many people since the rate… — 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 the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business… — 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
I really like my life. I've arranged my life so that I can do what I want. — Warren Buffett Copy Share Image
Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett Copy Share Image
Stop trying to predict the direction of the stock market, the economy or elections. — Warren Buffett Copy Share Image
There is no staff. I make all the investment decisions and I do all my own analysis. — 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
If book knowledge made great investors, than the librarians would all be rich. — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. — 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
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