Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them. — Warren Buffett Copy Share Image
Stop trying to predict the direction of the stock market, the economy or elections. — Warren Buffett Copy Share Image
When the brothel burns down, even the pretty girls have to run out. — Warren Buffett Copy Share Image
If horses had controlled investment decisions, there would have been no auto industry. — Warren Buffett Copy Share Image
Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling… — 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
The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch. — Warren Buffett Copy Share Image
Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a… — 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
Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do… — Warren Buffett Copy Share Image
Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or… — Warren Buffett Copy Share Image
Charlie and I have a number of filters that things have to get through before we'll think about them. — Warren Buffett Copy Share Image
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing… — Warren Buffett Copy Share Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. ...So we… — Warren Buffett Copy Share Image
We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt… — Warren Buffett Copy Share Image
All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable… — Warren Buffett Copy Share Image
We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price.… — Warren Buffett Copy Share Image
We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to… — Warren Buffett Copy Share Image
Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between… — Warren Buffett Copy Share Image
AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market… — Warren Buffett Copy Share Image
Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a… — 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
We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will… — Warren Buffett Copy Share Image
As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can… — 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
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment… — 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
Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in… — Warren Buffett Copy Share Image
If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun. — Warren Buffett Copy Share Image
I always invest in companies an idiot could run, because one day one will. — Warren Buffett Copy Share Image
I really like my life. I've arranged my life so that I can do what I want. — Warren Buffett Copy Share Image
You could be somewhere where the mail was delayed three weeks and do just fine investing. — Warren Buffett Copy Share Image
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble — Warren Buffett Copy Share Image
An investor needs to do very few things right as long as he or she avoids big mistakes. — 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