... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near… — Warren Buffett Copy Share Image
The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're… — 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… — Warren Buffett Copy Share Image
The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high… — Warren Buffett Copy Share Image
The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because… — Warren Buffett Copy Share Image
You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your… — Warren Buffett Copy Share Image
We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached… — Warren Buffett Copy Share Image
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary… — Warren Buffett Copy Share Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I… — Warren Buffett Copy Share Image
I've already written a section in the annual report for next year explaining why I think in one case that the figures… — Warren Buffett Copy Share Image
Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a… — Warren Buffett Copy Share Image
And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really… — 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
[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take… — Warren Buffett Copy Share Image
We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will… — Warren Buffett Copy Share Image
I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest… — Warren Buffett Copy Share Image
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for… — Warren Buffett Copy Share Image
I always say that in investing you want to buy stock in a company that has a business that's so good that… — Warren Buffett Copy Share Image
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you… — Warren Buffett Copy Share Image
The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the… — 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
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 do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With… — Warren Buffett Copy Share Image
Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should… — Warren Buffett Copy Share Image
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
“say, a 2:1 ratio than it is to have far greater coverage provided by a single utility. A catastrophic event can render… — Warren Buffett Copy Share Image
At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn… — Warren Buffett Copy Share Image
An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a… — Warren Buffett Copy Share Image
It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance… — Warren Buffett Copy Share Image
People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it… — 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
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the… — Warren Buffett Copy Share Image
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm… — Warren Buffett Copy Share Image
The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses. — Warren Buffett Copy Share Image
The key to investing is not assessing how much an industry is going to affect society, or how much it will grow,… — Warren Buffett Copy Share Image
If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together… — Warren Buffett Copy Share Image
I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like… — Warren Buffett Copy Share Image
I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy… — Warren Buffett Copy Share Image
I don't want to be on the other side of the table from the customer. I was never selling anything that I… — Warren Buffett Copy Share Image
Fund consultants like to require style boxes such as "long-short," "macro," "international equities." At Berkshire our only style box is "smart." — 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