So some guy may know how to make money in cocoa beans, but I don't so I just let him have that.… — 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
Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices — Warren Buffett Copy Share Image
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment… — Warren Buffett Copy Share Image
I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I… — Warren Buffett Copy Share Image
A Company should be viewed as an unfolding movie, not as a still photograph — Warren Buffett Copy Share Image
Buy companies with strong histories of profitability and with a dominant business franchise. — Warren Buffett Copy Share Image
In the long run managements stressing accounting appearance over economic substance usually achieve little of either. — 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
A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem. — Warren Buffett Copy Share Image
If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company… — Warren Buffett Copy Share Image
I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the… — Warren Buffett Copy Share Image
In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the… — Warren Buffett Copy Share Image
What we really want to do is buy businesses that we would be happy to own forever. — Warren Buffett Copy Share Image
When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation… — Warren Buffett Copy Share Image
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want… — Warren Buffett Copy Share Image
I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming… — 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 Copy Share Image
The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we… — Warren Buffett Copy Share Image
Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth". — Warren Buffett Copy Share Image
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or… — Warren Buffett Copy Share Image
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. — Warren Buffett Copy Share Image
Making money isn't the backbone of our guiding purpose; making money is the by-product of our guiding purpose. If you're doing something… — Warren Buffett Copy Share Image
We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt… — 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
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
