The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We… — Warren Buffett Copy Share Image
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being… — Warren Buffett Copy Share Image
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one… — 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
Do not save what is left after spending, but spend what is left after saving. — Warren Buffett Copy Share Image
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results. — Warren Buffett Copy Share Image
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have… — Warren Buffett Copy Share Image
Buy into a company because you want to own it, not because you want the stock to go up. — Warren Buffett Copy Share Image
I really like my life. I've arranged my life so that I can do what I want. — 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
Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks… — Warren Buffett 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
We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely. — Warren Buffett Copy Share Image
We will reject interesting opportunities rather than over-leverage our balance sheet. — Warren Buffett Copy Share Image
Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't… — Warren Buffett 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
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
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 stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch. — Warren Buffett Copy Share Image
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down. — 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
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of… — Warren Buffett Copy Share Image
Only when you combine sound intellect with emotional discipline do you get rational behavior. — Warren Buffett Copy Share Image
What we learn from history is that people don't learn from history. — 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
