---
title: "4 Controlled Quotes By Warren Buffett"
description: "4 Controlled quotes by Warren Buffett. Plus more from Warren Buffett and more Controlled sayings from other authors."
image: "https://sms4smile.com/quotes/i/c23/warren-buffett-183_auto-industry_if-horses-had-controlled-investment-deci_322847.png"
---

> [If horses had controlled investment decisions, there would have been no auto industry.](https://sms4smile.com/quotes/warren-buffett/if-horses-had-controlled-investment-decisions-there-would-have-been/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/c23/warren-buffett-183_auto-industry_if-horses-had-controlled-investment-deci_322847.png)

> [We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt…](https://sms4smile.com/quotes/warren-buffett/we-will-prosper-or-suffer-in-controlled-investments-in-relation-to/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/9af/warren-buffett-183_business_we-will-prosper-or-suffer-in-controlled_1458331.png)

> [As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can…](https://sms4smile.com/quotes/warren-buffett/as-i-have-mentioned-before-we-cannot-make-the-same-sort-of-money-out/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/ddd/warren-buffett-183_able_as-i-have-mentioned-before-we-cannot-mak_1524711.png)

> [I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a…](https://sms4smile.com/quotes/warren-buffett/i-certainly-have-no-desire-to-sell-a-good-controlled-business-run-by/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

[Image](https://sms4smile.com/quotes/i/941/warren-buffett-183_admire_i-certainly-have-no-desire-to-sell-a-goo_2139389.png)

## Other authors on Controlled

## More by Warren Buffett

> [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…](https://sms4smile.com/quotes/warren-buffett/to-invest-successfully-over-a-lifetime-does-not-require-a/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [“Be fearful when others are greedy, and be greedy when others are fearful.”](https://sms4smile.com/quotes/warren-buffett/be-fearful-when-others-are-greedy-and-be-greedy-when-others-are/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.](https://sms4smile.com/quotes/warren-buffett/making-money-isn-t-the-backbone-of-our-guiding-purpose-it-is-the-by/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [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…](https://sms4smile.com/quotes/warren-buffett/we-set-no-volume-goals-in-our-insurance-business-generally-and/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [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…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [It is better to point out your own mistakes than have somebody else do it.](https://sms4smile.com/quotes/warren-buffett/it-is-better-to-point-out-your-own-mistakes-than-have-somebody-else/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [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…](https://sms4smile.com/quotes/warren-buffett/i-ve-read-about-all-the-sales-today-if-you-re-an-auto-dealer-you-re/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…](https://sms4smile.com/quotes/warren-buffett/i-was-lucky-enough-to-be-born-in-a-time-and-place-where-society/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [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.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [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…](https://sms4smile.com/quotes/warren-buffett/i-mean-the-truth-is-i-ve-never-had-it-so-good-in-terms-of-taxes-i-am/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…](https://sms4smile.com/quotes/warren-buffett/the-most-important-quality-for-an-investor-is-temperament-not/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

> [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/)

[Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/controlled/warren-buffett/#itemlist",
            "name": "4 Controlled Quotes By Warren Buffett",
            "numberOfItems": 4,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "If horses had controlled investment decisions, there would have been no auto industry.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/if-horses-had-controlled-investment-decisions-there-would-have-been/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/c23/warren-buffett-183_auto-industry_if-horses-had-controlled-investment-deci_322847.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/c23/warren-buffett-183_auto-industry_if-horses-had-controlled-investment-deci_322847.png",
                            "url": "https://sms4smile.com/quotes/i/c23/warren-buffett-183_auto-industry_if-horses-had-controlled-investment-deci_322847.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“If horses had controlled investment decisions, there would have been no auto industry.” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/we-will-prosper-or-suffer-in-controlled-investments-in-relation-to/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/9af/warren-buffett-183_business_we-will-prosper-or-suffer-in-controlled_1458331.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/9af/warren-buffett-183_business_we-will-prosper-or-suffer-in-controlled_1458331.png",
                            "url": "https://sms4smile.com/quotes/i/9af/warren-buffett-183_business_we-will-prosper-or-suffer-in-controlled_1458331.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“We will prosper or suffer in controlled investments in relation to the operating performances of our…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "item": {
                        "@type": "Quotation",
                        "text": "As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/as-i-have-mentioned-before-we-cannot-make-the-same-sort-of-money-out/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/ddd/warren-buffett-183_able_as-i-have-mentioned-before-we-cannot-mak_1524711.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/ddd/warren-buffett-183_able_as-i-have-mentioned-before-we-cannot-mak_1524711.png",
                            "url": "https://sms4smile.com/quotes/i/ddd/warren-buffett-183_able_as-i-have-mentioned-before-we-cannot-mak_1524711.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "item": {
                        "@type": "Quotation",
                        "text": "I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.",
                        "creator": {
                            "@type": "Person",
                            "name": "Warren Buffett"
                        },
                        "url": "https://sms4smile.com/quotes/warren-buffett/i-certainly-have-no-desire-to-sell-a-good-controlled-business-run-by/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/941/warren-buffett-183_admire_i-certainly-have-no-desire-to-sell-a-goo_2139389.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/941/warren-buffett-183_admire_i-certainly-have-no-desire-to-sell-a-goo_2139389.png",
                            "url": "https://sms4smile.com/quotes/i/941/warren-buffett-183_admire_i-certainly-have-no-desire-to-sell-a-goo_2139389.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I certainly have no desire to sell a good controlled business run by people I like and admire, merely to…” — Warren Buffett",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/controlled/warren-buffett/#webpage",
            "url": "https://sms4smile.com/quotes/about/controlled/warren-buffett/",
            "name": "Controlled Quotes by Warren Buffett",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/controlled/warren-buffett/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/c23/warren-buffett-183_auto-industry_if-horses-had-controlled-investment-deci_322847.png"
            },
            "description": "4 Controlled quotes by Warren Buffett. Plus more from Warren Buffett and more Controlled sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/controlled/warren-buffett/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/controlled/warren-buffett/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Controlled",
                    "item": "https://sms4smile.com/quotes/about/controlled/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "Warren Buffett",
                    "item": "https://sms4smile.com/quotes/about/controlled/warren-buffett/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```