We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion… — Warren Buffett Copy Share Image
We look for things I can understand. A lot of businesses I don't understand. — Warren Buffett Copy Share Image
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever… — Warren Buffett Copy Share Image
In business, I look for economic castles protected by unbreachable 'moats'. — Warren Buffett Copy Share Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I… — Warren Buffett Copy Share Image
There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which]… — 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
On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that… — Warren Buffett Copy Share Image
I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the… — Warren Buffett Copy Share Image
I look at everything. That's my job. I really do, every day. I think about everything. — Warren Buffett Copy Share Image
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
I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going… — Warren Buffett Copy Share Image
The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get… — Warren Buffett Copy Share Image
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very… — Warren Buffett Copy Share Image
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others,… — 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
Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth… — Warren Buffett Copy Share Image
I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he… — Warren Buffett Copy Share Image
I have no views as to where it will be, but the one thing I can tell you is it won't do… — Warren Buffett Copy Share Image
The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas. — Warren Buffett Copy Share Image
I mean you know at midnight everything is going to turn to pumpkins and mice; right? But if the evening goes along,… — Warren Buffett Copy Share Image
We have long felt that the only value of stock forecasters is to make fortune-tellers look good. — 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
A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its… — Warren Buffett Copy Share Image
Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with… — Warren Buffett Copy Share Image
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the… — Warren Buffett Copy Share Image
I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years… — Warren Buffett Copy Share Image
That's been lost. It's a huge problem. What you have is you have the major institutions of the world all wanting to… — 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
![“There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg)
![“On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/d80/warren-buffett-183_art-making_on-his-giving-pledge-philanthropy-the-wa_919328.jpg)
![“Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/7f2/warren-buffett-183_bills_mark-zuckerberg-will-be-a-hero-to-many-y_1946202.jpg)
![“Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/6fd/warren-buffett-183_average_just-look-at-that-forbes-400-takes-a-bil_1970232.jpg)
