The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being… — Warren Buffett Copy Share Image
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
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the… — 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
I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and… — Warren Buffett Copy Share Image
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things… — Warren Buffett Copy Share Image
You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your… — Warren Buffett Copy Share Image
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.… — Warren Buffett Copy Share Image
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one… — Warren Buffett Copy Share Image
Never risk what you have and need for what we don't have and don't need. — Warren Buffett Copy Share Image
I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that.… — 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
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
I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP,… — Warren Buffett Copy Share Image
Asking for financial advice from a financial planner is like asking a barber if you need a hair cut. — Warren Buffett Copy Share Image
You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well. — 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 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
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you… — Warren Buffett Copy Share Image
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an… — 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
I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going… — Warren Buffett Copy Share Image
If you buy the things you don't need, you will soon be selling the things that you need. — 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
Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of… — Warren Buffett Copy Share Image
If you understood a business perfectly and the future of the business, you need very little in the way of a margin… — 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
I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this… — Warren Buffett Copy Share Image
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean,… — 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
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary… — Warren Buffett Copy Share Image
The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a… — Warren Buffett Copy Share Image
You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard of Sheila… — Warren Buffett Copy Share Image
A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business,… — Warren Buffett Copy Share Image
It is madness to risk losing what you need in pursuing what you simply desire. — 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