The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price. — Warren Buffett Copy Share Image
More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of… — Warren Buffett Copy Share Image
Investment must be rational; if you can't understand it, don't do it. — Warren Buffett Copy Share Image
You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the… — Warren Buffett Copy Share Image
Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns. — Warren Buffett Copy Share Image
We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago,… — Warren Buffett Copy Share Image
Investment ideas, like women are often more exciting than punctual. — Warren Buffett Copy Share Image
The most important quality for an investor is temperament, not intellect. — Warren Buffett Copy Share Image
The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're… — Warren Buffett Copy Share Image
Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current… — Warren Buffett Copy Share Image
In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices.… — Warren Buffett Copy Share Image
Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised. — Warren Buffett Copy Share Image
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in… — Warren Buffett Copy Share Image
Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our… — Warren Buffett Copy Share Image
I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We… — Warren Buffett Copy Share Image
I am a better investor because I am a businessman, and a better businessman because I am no investor. — Warren Buffett Copy Share Image
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You… — Warren Buffett Copy Share Image
Lethargy, bordering on sloth should remain the cornerstone of an investment style. — Warren Buffett Copy Share Image
The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not… — Warren Buffett Copy Share Image
When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever. — Warren Buffett Copy Share Image
Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and… — Warren Buffett Copy Share Image
But, surprise - none of these blockbuster events made the slightest dent in Ben Graham's investment principles. Nor did they render unsound… — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities,… — 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