To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a… — Warren Buffett Copy Share Image
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
Basically, the single-most important decision in evaluating a business is pricing power. — Warren Buffett Copy Share Image
If horses had controlled investment decisions, there would have been no auto industry. — Warren Buffett Copy Share Image
Good big decisions do not take time at all, if they do you are in trouble. — Warren Buffett Copy Share Image
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every… — Warren Buffett Copy Share Image
An investor should act as though he had a lifetime decision card with just twenty punches on it. — Warren Buffett Copy Share Image
Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones. — Warren Buffett Copy Share Image
There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service… — Warren Buffett Copy Share Image
I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in… — Warren Buffett Copy Share Image
We make investment decisions based on our evaluation of the most profitable combination of probabilities. — Warren Buffett Copy Share Image
There is no staff. I make all the investment decisions and I do all my own analysis. — Warren Buffett Copy Share Image
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment… — Warren Buffett Copy Share Image
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own… — Warren Buffett Copy Share Image
It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market… — Warren Buffett Copy Share Image
... but the important thing is that when you do find one where you really do know what you are doing, you… — Warren Buffett Copy Share Image
We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself. — Warren Buffett Copy Share Image
Earnings can be pliable as putty when a charlatan heads the company reporting them. — Warren Buffett Copy Share Image
The single most important decision in evaluating a business is pricing power, — Warren Buffett Copy Share Image
Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk. — Warren Buffett Copy Share Image
Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots… — 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