That's the reality of what they're going to sell them to the Treasury for. — Warren Buffett Reality Copy Share Image
The extraordinary business does not require good management. — Warren Buffett Business Copy Share Image
You should invest in a business that even a fool can run, because someday a fool will. — Warren Buffett Business Copy Share Image
I don't like what's going on with the executive compensation. — Warren Buffett Compensation Copy Share Image
Don't invest in pieces of papers (stocks), invest in great businesses underlying them — Warren Buffett Business Copy Share Image
If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world. — Warren Buffett Book Copy Share Image
The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses. — Warren Buffett Business Copy Share Image
Your premium brand had better be delivering something special, or it's not going to get the business. — Warren Buffett Business Copy Share Image
The fundamental basis of above-average performance in the long run is sustainable competitive advantage. — Warren Buffett Copy Share Image
I find that the standard of living does not go up in proportion with the cost of living. The trick in life… — Warren Buffett Copy Share Image
A home is one of the most important assets that most people will ever buy. Homes are also where memories are made… — Warren Buffett Copy Share Image
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes. — Warren Buffett Copy Share Image
Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning. — Warren Buffett Action Copy Share Image
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of… — Warren Buffett Copy Share Image
If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further.… — Warren Buffett Copy Share Image
We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the… — Warren Buffett Capital gains Copy Share Image
I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to… — Warren Buffett Blessing Copy Share Image
We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC… — Warren Buffett Couple Copy Share Image
Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too… — Warren Buffett Copy Share Image
I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from… — Warren Buffett Adoption Copy Share Image
Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the… — Warren Buffett Copy Share Image
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact,… — Warren Buffett Copy Share Image
There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view,… — Warren Buffett Economics 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
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
The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The… — Warren Buffett Copy Share Image
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment… — Warren Buffett Copy Share Image
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business… — Warren Buffett Business Copy Share Image
I mean, we'll be pounding on the guy's chest, you know, on the floor, and you know, he's not going to just… — Warren Buffett Copy Share Image
Don't settle for anything other than your passion - if you're lucky enough to find it. — Warren Buffett Copy Share Image
Unless your answers are clearly better, copy the answers of your betters. — Warren Buffett Copy Share Image
![“I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.” quote by Warren Buffett](https://sms4smile.com/q/img-quotes/ad8/warren-buffett-183_blessing_i-don-t-really-think-that-as-a-society-w_633099.png)
![“Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.” quote by Warren Buffett](https://sms4smile.com/q/img-quotes/41f/warren-buffett-183_accounting_over-the-years-charlie-munger-berkshire_599521.jpg)
