We do not view the company itself as the ultimate owner of our business assets but instead view the company as a… — Warren Buffett Copy Share Image
We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private. — Warren Buffett Copy Share Image
Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns… — Warren Buffett Copy Share Image
In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in… — Warren Buffett Copy Share Image
Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current… — Warren Buffett Copy Share Image
AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market… — 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
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
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing… — Warren Buffett Copy Share Image
The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to… — Warren Buffett Copy Share Image
As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation… — Warren Buffett Copy Share Image
Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can… — 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
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an… — Warren Buffett Copy Share Image
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I… — Warren Buffett Copy Share Image
I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And… — Warren Buffett Copy Share Image
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership 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
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've… — 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 with the… — Warren Buffett Copy Share Image
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate… — Warren Buffett Copy Share Image
