In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital… — Warren Buffett Copy Share Image
I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would… — Warren Buffett Copy Share Image
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.… — Warren Buffett Copy Share Image
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again… — Warren Buffett Copy Share Image
What we really want to do is buy businesses that we would be happy to own forever. — Warren Buffett Copy Share Image
Take me as an example. I happen to have a talent for allocating capital. But my ability to use that talent is… — 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
If knowing history made you rich, librarians would be billionaires. — Warren Buffett Copy Share Image
I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society… — Warren Buffett Copy Share Image
Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper… — Warren Buffett Copy Share Image
AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market… — Warren Buffett Copy Share Image
I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp. — Warren Buffett Copy Share Image
In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone… — 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