I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we… — Warren Buffett Copy Share Image
If you understood a business perfectly and the future of the business, you would need very little in the way of a… — Warren Buffett Copy Share Image
You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are… — Warren Buffett Copy Share Image
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that… — Warren Buffett Copy Share Image
You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or… — Warren Buffett Copy Share Image
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact,… — Warren Buffett Copy Share Image
So some guy may know how to make money in cocoa beans, but I don't so I just let him have that.… — Warren Buffett Copy Share Image
Larger sums may be an advantage at some cases and a disadvantage at others. — Warren Buffett Copy Share Image
Well, it may be all right in practice, but it will never work in theory — Warren Buffett Copy Share Image
Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth". — Warren Buffett Copy Share Image
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. — Warren Buffett Copy Share Image
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of… — Warren Buffett Copy Share Image
We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached… — Warren Buffett Copy Share Image
I may have more money than you, but money doesn't make the difference. If there is any difference between you and me,… — Warren Buffett Copy Share Image
I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy… — Warren Buffett Copy Share Image
Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever… — Warren Buffett Copy Share Image
I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a… — 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 never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I… — Warren Buffett Copy Share Image
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And… — Warren Buffett Copy Share Image
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business… — Warren Buffett Copy Share Image
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is… — Warren Buffett Copy Share Image
Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett Copy Share Image
I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't… — Warren Buffett Copy Share Image
Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic… — 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