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
I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated,… — Warren Buffett Copy Share Image
I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to… — Warren Buffett Copy Share Image
I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to… — Warren Buffett Copy Share Image
Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then,… — Warren Buffett Copy Share Image
Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of… — Warren Buffett Copy Share Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. ...So we… — Warren Buffett Copy Share Image
You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or… — Warren Buffett Copy Share Image
Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a… — Warren Buffett Copy Share Image
I've already written a section in the annual report for next year explaining why I think in one case that the figures… — Warren Buffett Copy Share Image
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at… — Warren Buffett Copy Share Image
I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that.… — Warren Buffett Copy Share Image
We are trading away a little bit of our country all the time for this access consumption that we have over what… — Warren Buffett Copy Share Image
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned… — Warren Buffett Copy Share Image
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that… — Warren Buffett Copy Share Image
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this… — Warren Buffett Copy Share Image
I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in… — Warren Buffett Copy Share Image
I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be… — 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