Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund… — Warren Buffett Copy Share Image
It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance… — Warren Buffett Copy Share Image
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results. — Warren Buffett Copy Share Image
If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have… — Warren Buffett Copy Share Image
The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The… — Warren Buffett Copy Share Image
Do not take yearly results too seriously. Instead, focus on four or five-year averages. — Warren Buffett Copy Share Image
When you combine ignorance and leverage, you get some pretty interesting results. — Warren Buffett Copy Share Image
Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones. — 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
You know ... you keep doing the same things and you keep getting the same result over and over again. — Warren Buffett Copy Share Image
Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis. — Warren Buffett Copy Share Image
We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will… — Warren Buffett Copy Share Image
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment… — 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
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own… — Warren Buffett Copy Share Image
Time is the friend of the wonderful business. It's the enemy of the lousy business. If you're in a lousy business for… — Warren Buffett Copy Share Image
We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our… — Warren Buffett Copy Share Image
Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This… — 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