The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable. — Warren Buffett Copy Share Image
In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now. — Warren Buffett Copy Share Image
If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the… — Warren Buffett Copy Share Image
We don't read other people's opinions. We want to get the facts, and then think. — Warren Buffett Copy Share Image
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact,… — Warren Buffett Copy Share Image
An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait… — Warren Buffett Copy Share Image
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is… — Warren Buffett Copy Share Image
When we really sit back with a smile on our face is when we run into a situation we can understand, where… — 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
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
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
I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be… — Warren Buffett Copy Share Image
I've learned mainly by reading myself. So I don't think I have any original ideas. Certainly, I talk about reading Graham. I've… — Warren Buffett Copy Share Image
My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some… — 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
Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning. — Warren Buffett Copy Share Image
You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning… — 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
