An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions… — Warren Buffett Copy Share Image
The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not… — Warren Buffett Copy Share Image
When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever. — Warren Buffett Copy Share Image
There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about… — Warren Buffett Copy Share Image
Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and… — 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 Copy Share Image
What's nice about investing is you don't have to swing at every pitch. — Warren Buffett Copy Share Image
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years.… — Warren Buffett Copy Share Image
Earnings can be pliable as putty when a charlatan heads the company reporting them. — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities,… — Warren Buffett Copy Share Image
The single most important decision in evaluating a business is pricing power, — Warren Buffett Copy Share Image
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. — Warren Buffett Copy Share Image
A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its… — Warren Buffett Copy Share Image
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And… — Warren Buffett Copy Share Image
In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal. — Warren Buffett Copy Share Image
My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc.,… — Warren Buffett Copy Share Image
The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified… — Warren Buffett Copy Share Image
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business… — Warren Buffett Copy Share Image
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is… — Warren Buffett Copy Share Image
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a… — 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
