We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the… — Warren Buffett Copy Share Image
So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose… — Warren Buffett Copy Share Image
Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too… — Warren Buffett Copy Share Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates… — Warren Buffett Copy Share Image
I have never been able to understand why the tax comes as such a body blow to many people since the rate… — Warren Buffett Copy Share Image
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying… — 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
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money… — Warren Buffett Copy Share Image
Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain.… — 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
