When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it. — Warren Buffett Copy Share Image
When Berkshire Hathaway laid out three billion dollars for GE today, we didn't spend it, we invested it. When the Federal government… — Warren Buffett Copy Share Image
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at… — Warren Buffett Copy Share Image
If you can tell me who your heroes are, I can tell you how you're going to turn out in life. — Warren Buffett Copy Share Image
And people really behaved in a fraudulent way or something, we'll go back and find the culprits later on. But that really… — Warren Buffett Copy Share Image
We are trading away a little bit of our country all the time for this access consumption that we have over what… — Warren Buffett Copy Share Image
I may have more money than you, but money doesn't make the difference. If there is any difference between you and me,… — Warren Buffett Copy Share Image
If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world. — Warren Buffett Copy Share Image
If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful… — 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
With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want… — Warren Buffett Copy Share Image
If the reason for doing something is that everyone else is doing it, it's not a good enough reason. — Warren Buffett Copy Share Image
Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently… — Warren Buffett Copy Share Image
Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any… — Warren Buffett Copy Share Image
Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the… — Warren Buffett Copy Share Image
If you want to soar like an eagle in life, you can't be flocking with the turkeys. — Warren Buffett Copy Share Image
The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper… — Warren Buffett Copy Share Image
If you own the only newspaper in town, up until the last five years or so, you have pricing power and you… — Warren Buffett Copy Share Image
So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them. — Warren Buffett Copy Share Image
If you buy the things you don't need, you will soon be selling the things that you need. — Warren Buffett Copy Share Image
If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes. — Warren Buffett Copy Share Image
I think you are out of your mind if you keep taking jobs that you don't like because you think it will… — Warren Buffett Copy Share Image
If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have… — 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
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
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