Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of… — Warren Buffett Copy Share Image
What's going to happen - things we're doing are going to have some inflationary consequences. — Warren Buffett Copy Share Image
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will… — Warren Buffett Copy Share Image
We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off… — Warren Buffett Copy Share Image
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing… — Warren Buffett Copy Share Image
I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that… — Warren Buffett Copy Share Image
Inflation could be a very - is a likely consequence out of what's going on now. — Warren Buffett Copy Share Image
I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from… — Warren Buffett Copy Share Image
They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains… — 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
