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
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
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals. — 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
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
[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
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
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
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
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
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
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
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
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
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
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
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 about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of…” 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 under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than…” 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)
