Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's… — Warren Buffett Copy Share Image
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have… — Warren Buffett Copy Share Image
When they get their ego involved, people do things they shouldn't do. — Warren Buffett Copy Share Image
What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow… — Warren Buffett Copy Share Image
If horses had controlled investment decisions, there would have been no auto industry. — Warren Buffett Copy Share Image
Benign neglect, bordering on sloth, remains the hallmark of our investment process. — 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
But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently.… — Warren Buffett Copy Share Image
I always say that in investing you want to buy stock in a company that has a business that's so good that… — Warren Buffett Copy Share Image
I made my first investment at age eleven. I was wasting my life up until then. — Warren Buffett Copy Share Image
It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own… — Warren Buffett Copy Share Image
Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which… — Warren Buffett Copy Share Image
I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest… — 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
The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five… — Warren Buffett Copy Share Image
None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach… — Warren Buffett Copy Share Image
Buy into a company because you want to own it, not because you want the stock to go up. — Warren Buffett Copy Share Image
Money is not everything. Make sure you earn a lot before speaking such nonsense. — 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
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. — Warren Buffett Copy Share Image
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things… — Warren Buffett Copy Share Image
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm… — 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
