The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we… — Warren Buffett Business Copy Share Image
I have always cautioned partners that I considered three years a minimum in determining whether we were "performing". — Warren Buffett Copy Share Image
Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting,… — Warren Buffett Copy Share Image
The real fortunes in this country have been made by people who have been right about the business they invested in, and… — Warren Buffett Business Copy Share Image
We make investment decisions based on our evaluation of the most profitable combination of probabilities. — Warren Buffett Copy Share Image
Basically, when you get to my age, you'll really measure your success in life by how many of the people you want… — Warren Buffett Age Copy Share Image
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in… — Warren Buffett Copy Share Image
You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and… — Warren Buffett Copy Share Image
Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can… — Warren Buffett Company Copy Share Image
It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the… — Warren Buffett Customer Copy Share Image
I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has… — Warren Buffett Copy Share Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I… — Warren Buffett Copy Share Image
Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if… — Warren Buffett Abraham Copy Share Image
Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which… — Warren Buffett Copy Share Image
Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the… — Warren Buffett Copy Share Image
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying… — Warren Buffett Copy Share Image
If you can eliminate the government as a 39.6% partner, then you will be much better off. — Warren Buffett Copy Share Image
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year. — Warren Buffett Annual reports Copy Share Image
If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have… — Warren Buffett Business Copy Share Image
We have long felt that the only value of stock forecasters is to make fortune-tellers look good. — Warren Buffett Copy Share Image
“SHOULD YOU FIND YOURSELF IN A CHRONICALLY LEAKING BOAT, ENERGY DEVOTED TO CHANGING VESSELS IS LIKELY TO BE MORE PRODUCTIVE THAN ENERGY… — Warren Buffett Copy Share Image
If you want a government that's going to do the things we ask our government to do, you've got to get it… — Warren Buffett Copy Share Image
Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard. — Warren Buffett Copy Share Image
Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum. — Warren Buffett Copy Share Image
It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying… — Warren Buffett Age Copy Share Image
I want to be able to explain my mistakes. This means I do only the things I completely understand. — Warren Buffett Copy Share Image
Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with… — Warren Buffett Copy Share Image
If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners… — Warren Buffett Football Copy Share Image
My wealth has come from a combination of living in America, some lucky genes, and compound interest. — Warren Buffett America Copy Share Image
You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing.… — Warren Buffett Copy Share Image
When people talk about cash being king, it's not king if it just sits there and never does anything. — Warren Buffett Copy Share Image
Diversification is protection against ignorance. It makes little sense if you know what you are doing. — Warren Buffett Customer Copy Share Image
The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it… — Warren Buffett Copy Share Image
Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. — Warren Buffett Copy Share Image
“It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you'll do things differently.” — Warren Buffett Reputation Copy Share Image
The difference between successful people and really successful people is that really successful people say no to almost everything. — Warren Buffett Differences Copy Share Image
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money… — Warren Buffett Capital gains Copy Share Image
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years.… — Warren Buffett Copy Share Image
What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow… — Warren Buffett Customer Copy Share Image
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. — Warren Buffett Class Copy Share Image
