When Berkshire buys common stock, we approach the transaction as if we were buying into a private business. — Warren Buffett Copy Share Image
A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. — Warren Buffett Copy Share Image
It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is… — Warren Buffett 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 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
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 Copy Share Image
The approach and strategies are very similar in that you gather all the information you can and then keep adding to that… — Warren Buffett Copy Share Image
Our approach is very much profiting from lack of change rather than from change. — Warren Buffett Copy Share Image
I am out of step with present conditions. When the game is no longer played your way, it is only human to… — 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 Image
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share Image
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share Image
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 Image
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 Image
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share Image
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 Image
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 Image
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 Image
The reaction of weak management to weak operations is often weak accounting. — 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 about it. — Warren Buffett Copy Share Image
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett 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] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg)
