We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. — Warren Buffett Copy Share Image
You can be sure that over the next 10 years, you'll see something that you did not think was possible. — Warren Buffett Copy Share Image
We have a country where I don't know whether it's a million households a year or more, but good form. — Warren Buffett Copy Share Image
With enough insider information and a million dollars, you can go broke in a year. — Warren Buffett Copy Share Image
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes. — Warren Buffett Copy Share Image
Do not take yearly results too seriously. Instead, focus on four or five-year averages. — Warren Buffett Copy Share Image
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. — Warren Buffett Copy Share Image
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for… — Warren Buffett Copy Share Image
I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old. — Warren Buffett Copy Share Image
If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering… — Warren Buffett Copy Share Image
If I knew where I was going to want to live the next five or 10 years I would buy a home… — Warren Buffett Copy Share Image
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business… — 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
Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have… — Warren Buffett Copy Share Image
I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try… — Warren Buffett Copy Share Image
I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I… — 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
This country is going - be living better ten years from now than it is now. It will be living better in… — Warren Buffett Copy Share Image
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment… — Warren Buffett Copy Share Image
The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The… — 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
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
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
It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income… — Warren Buffett Copy Share Image
The idea that you try to time purchases based on what you think business is going to do in the next year… — 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
A single year's performance is of minor importance and, good or bad, should never be taken seriously. — Warren Buffett Copy Share Image
If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes. — Warren Buffett Copy Share Image
I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that. — Warren Buffett Copy Share Image
I have always cautioned partners that I considered three years a minimum in determining whether we were "performing". — Warren Buffett Copy Share Image
If you own the only newspaper in town, up until the last five years or so, you have pricing power and you… — Warren Buffett Copy Share Image
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in… — Warren Buffett Copy Share Image
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the… — Warren Buffett Copy Share Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates… — Warren Buffett Copy Share Image
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others,… — Warren Buffett Copy Share Image
Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied… — Warren Buffett Copy Share Image
The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five… — Warren Buffett Copy Share Image
It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them. — Warren Buffett Copy Share Image
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years.… — 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
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share
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
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
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share
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
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
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
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share
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
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've… — Warren Buffett Copy Share
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the… — Warren Buffett Copy Share
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate… — Warren Buffett Copy Share