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
Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a… — Warren Buffett Copy Share Image
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or… — Warren Buffett Copy Share Image
The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team.… — Warren Buffett Copy Share Image
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned… — Warren Buffett Copy Share Image
Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too… — Warren Buffett Copy Share Image
Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a… — Warren Buffett Copy Share Image
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at… — Warren Buffett Copy Share Image
I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular… — Warren Buffett Copy Share Image
With each investment you make, you should have the courage and the conviction to place at least ten per cent of your… — Warren Buffett Copy Share Image
You should invest in a business that even a fool can run, because someday a fool will. — 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
Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career… — Warren Buffett Copy Share Image
If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock… — Warren Buffett Copy Share Image
The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs. — Warren Buffett Copy Share Image
I think that actually people in my situation should be paying more tax. — Warren Buffett Copy Share Image
Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should… — 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 mean you know at midnight everything is going to turn to pumpkins and mice; right? But if the evening goes along,… — Warren Buffett Copy Share Image
... but the important thing is that when you do find one where you really do know what you are doing, you… — Warren Buffett Copy Share Image
Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if… — Warren Buffett Copy Share Image
Lethargy, bordering on sloth should remain the cornerstone of an investment style. — Warren Buffett Copy Share Image
People always ask me where they should go to work, and I always tell them to go to work for whom they… — 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