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
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund… — Warren Buffett Copy Share Image
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals. — Warren Buffett Copy Share Image
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things.… — 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
A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this… — Warren Buffett Copy Share Image
You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer… — Warren Buffett Copy Share Image
I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I… — 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
For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction;… — Warren Buffett Copy Share Image
Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of… — Warren Buffett Copy Share Image
That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes… — Warren Buffett Copy Share Image
There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any… — Warren Buffett Copy Share Image
An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices… — Warren Buffett Copy Share Image
If you invested in a very low cost index fund - where you don't put the money in at one time, but… — Warren Buffett Copy Share Image
The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group,… — 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
![“[People] have seen the credit market seize up. They're worried…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/cf1/warren-buffett-183_care_people-have-seen-the-credit-market-seize_628648.jpg)
![“That would be nice if [people] stuck [treasury bills] all…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/ba1/warren-buffett-183_all-kinds_that-would-be-nice-if-people-stuck-treas_2128493.jpg)
