The value of a business is the cash it's going to produce in the future. — Warren Buffett Business Copy Share Image
Lethargy, bordering on sloth should remain the cornerstone of an investment style. — Warren Buffett Copy Share Image
Money is not everything. Make sure you earn a lot before speaking such nonsense. — Warren Buffett Copy Share Image
Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb. — Warren Buffett Copy Share Image
Learning how to live is much more important than learning how to make a living. — Warren Buffett Education Copy Share Image
First come the innovators, then come the imitators, then come the idiots. — Warren Buffett Copy Share Image
When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation… — Warren Buffett Brilliance Copy Share Image
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in… — Warren Buffett 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
Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning. — Warren Buffett Action 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
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen… — Warren Buffett Copy Share Image
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm… — Warren Buffett Copy Share Image
The key to investing is not assessing how much an industry is going to affect society, or how much it will grow,… — Warren Buffett Advantage Copy Share Image
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the… — Warren Buffett Age Copy Share Image
I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a… — Warren Buffett Copy Share Image
We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of… — Warren Buffett Country Copy Share Image
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very… — Warren Buffett Copy Share Image
“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you… — Warren Buffett Employees Copy Share Image
None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach… — Warren Buffett Approach Copy Share Image
Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in… — Warren Buffett Copy Share Image
An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait… — Warren Buffett Argument Copy Share Image
I think it's been, you know, kind of like a tragic play to this point. But at this point, I think it's… — Warren Buffett American people Copy Share Image
I bought my first stock in 1942, in the summer of '42. I was 11 years old. And so 75 years have… — Warren Buffett Economics Copy Share Image
There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which]… — Warren Buffett Advantage Copy Share Image
One observer commenting on security analysts over forty stated: "They know too many things that are no longer true." As long as… — Warren Buffett Copy Share Image
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that… — Warren Buffett Copy Share Image
The only way to be loved is to be loveable, which really irritates me. — Warren Buffett Copy Share Image
Do not save what is left after spending, but spend what is left after saving. — Warren Buffett Copy Share Image
... the best way to own common stocks is through an index fund. — Warren Buffett Active management Copy Share Image
If you don't find a way to make money while you sleep, you will work until you die. — Warren Buffett Making money Copy Share Image
Our approach is very much profiting from lack of change rather than from change. — Warren Buffett Approach Copy Share Image
That's the reality of what they're going to sell them to the Treasury for. — Warren Buffett Reality Copy Share Image