We have to live with the rest of the world. And it's a mistake, in my view. Trade has generally developed in… — Warren Buffett Copy Share Image
There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view,… — Warren Buffett Copy Share Image
I think that they hoped the private sector would come in. And the private sector tried to come in until they saw… — Warren Buffett Copy Share Image
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve… — Warren Buffett Copy Share Image
Problems in a company are like cockroaches in the kitchen. You will never find just one — Warren Buffett Copy Share Image
A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem. — Warren Buffett Copy Share Image
In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the… — Warren Buffett Copy Share Image
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want… — 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
If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful… — Warren Buffett Copy Share Image
The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity… — Warren Buffett Copy Share Image
Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem. — Warren Buffett Copy Share Image
After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve… — Warren Buffett Copy Share Image
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for… — Warren Buffett Copy Share Image
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial… — Warren Buffett Copy Share Image
I wouldn't want to manufacture cigarettes. But if I owned - we do own Costco. Do they sell them? Yes. So I… — 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