Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble. — Warren Buffett Copy Share Image
Good big decisions do not take time at all, if they do you are in trouble. — Warren Buffett Copy Share Image
It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation… — Warren Buffett Copy Share Image
If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have… — Warren Buffett Copy Share Image
I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so… — Warren Buffett Copy Share Image
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will… — 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
You get in a lot of trouble when you start putting fictitious numbers. — Warren Buffett Copy Share Image
The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're… — 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
It's much easier to stay out of trouble now than to get out of trouble later. — 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