The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on… — Warren Buffett Copy Share Image
Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't… — Warren Buffett Copy Share Image
I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I… — 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
It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market… — Warren Buffett Copy Share Image
Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain.… — Warren Buffett Copy Share Image
I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from… — Warren Buffett Copy Share Image
I am out of step with present conditions. When the game is no longer played your way, it is only human 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
