I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call… — Warren Buffett Copy Share Image
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear… — Warren Buffett Copy Share Image
I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest… — 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
...I will give you two pieces of advice. Invest as much in yourself as you can; you are your own best asset… — Warren Buffett Copy Share Image
A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very… — 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
An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait… — 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
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen… — Warren Buffett Copy Share Image
Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1. — 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
Gold has two significant shortcomings, being neither of much use nor procreative. — Warren Buffett Copy Share Image
The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper… — Warren Buffett Copy Share Image
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very… — Warren Buffett Copy Share Image
I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy… — Warren Buffett Copy Share Image
We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago,… — Warren Buffett Copy Share Image
That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes… — Warren Buffett Copy Share Image
Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another… — 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
We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were… — Warren Buffett Copy Share Image
That goes back to 1932, although it was really implemented in '33 under Jesse Jones, and it invested in mostly banks initially… — Warren Buffett Copy Share Image
Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three… — Warren Buffett Copy Share Image
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And… — 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