Be fearful when the markets get greedy, be greedy when the markets get fearful. — Warren Buffett Fear Copy Share Image
Do not take yearly results too seriously. Instead, focus on four or five-year averages. — Warren Buffett Copy Share Image
If I subscribed to the efficient market theory I would still be delivering papers — Warren Buffett Copy Share Image
This economy doesn't work well without the lubrication of credit and trust. — Warren Buffett Credit Copy Share Image
Larger sums may be an advantage at some cases and a disadvantage at others. — Warren Buffett Advantage Copy Share Image
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever… — 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
The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas. — Warren Buffett Business Copy Share Image
An investor should act as though he had a lifetime decision card with just twenty punches on it. — Warren Buffett Copy Share Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. — Warren Buffett Attention Copy Share Image
A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem. — Warren Buffett Business Copy Share Image
A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. — Warren Buffett Approach 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
So some guy may know how to make money in cocoa beans, but I don't so I just let him have that.… — Warren Buffett Copy Share Image
For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing… — Warren Buffett Action Copy Share Image
We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC… — Warren Buffett Couple Copy Share Image
Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too… — Warren Buffett Copy Share Image
I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from… — Warren Buffett Adoption Copy Share Image
Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the… — Warren Buffett Copy Share Image
People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy… — Warren Buffett Copy Share Image
You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard of Sheila… — Warren Buffett Deposits Copy Share Image
You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For… — 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
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more… — Warren Buffett Copy Share Image
There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service… — Warren Buffett Copy Share Image
Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic… — Warren Buffett Advice Copy Share Image
Getting fired can produce a particularly bountiful payday for a CEO. Indeed, he can 'earn' more in that single day, while cleaning… — Warren Buffett American workers Copy Share Image
Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a… — Warren Buffett Aberration Copy Share Image
Someone is sitting in the shade today because someone planted a tree a long time ago. — Warren Buffett Flower Copy Share Image
Time is the friend of the wonderful company, the enemy of the mediocre. — Warren Buffett Business Copy Share Image
It’s not that I want money. It’s the fun of making money and watching it grow. — Warren Buffett Fun Copy Share Image
Good profits simply are not inconsistent with good behavior. — Warren Buffett Behavior Copy Share Image
![“Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.” quote by Warren Buffett](https://sms4smile.com/quotes/i/41f/warren-buffett-183_accounting_over-the-years-charlie-munger-berkshire_599521.jpg)
![“You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard of Sheila Bair. [She] has taken eight percent of the deposits in the United States and seamlessly moved those over to sound institutions which in turn have gotten more capital, ended up…” quote by Warren Buffett](https://sms4smile.com/quotes/i/c33/warren-buffett-183_deposits_you-ve-got-the-right-you-ve-got-a-wonder_2966848.jpg)
![“[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going…” quote by Warren Buffett](https://sms4smile.com/quotes/i/a2a/warren-buffett-183_amount_the-u-s-treasury-can-borrow-basically-un_2051464.jpg)
