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
In that, we agreed with Andrew Carnegie, who said that huge fortunes that flow in large part from society should in large… — Warren Buffett Copy Share Image
I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to… — Warren Buffett Copy Share Image
On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that… — Warren Buffett Copy Share Image
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
Energy deregulation will be the largest transfer of wealth in history. — Warren Buffett Copy Share Image
The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient. — Warren Buffett Copy Share Image
Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth… — Warren Buffett Copy Share Image
The real fortunes in this country have been made by people who have been right about the business they invested in, and… — 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
My friends and I have been coddled long enough by a billionaire-friendly Congress. — Warren Buffett Copy Share Image
The Stock Market is designed to transfer money from the Active to the Patient. — Warren Buffett Copy Share Image
The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified… — Warren Buffett Copy Share Image
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business… — Warren Buffett Copy Share Image
Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett Copy Share Image
A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business,… — Warren Buffett Copy Share Image
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of… — Warren Buffett Copy Share Image
My wealth has come from a combination of living in America, some lucky genes, and compound interest. — 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
![“I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/ad8/warren-buffett-183_blessing_i-don-t-really-think-that-as-a-society-w_633099.jpg)
![“On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing the list so I can milk it.” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/d80/warren-buffett-183_art-making_on-his-giving-pledge-philanthropy-the-wa_919328.jpg)
![“Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/6fd/warren-buffett-183_average_just-look-at-that-forbes-400-takes-a-bil_1970232.jpg)
![“That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/ba1/warren-buffett-183_all-kinds_that-would-be-nice-if-people-stuck-treas_2128493.jpg)
