Warren Buffett Quotes
We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.
We always live in an uncertain world. What is certain is that the United States will go forward over time.
The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well
When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.
It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
We will reject interesting opportunities rather than over-leverage our balance sheet.
I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
Soil is a living ecosystem and is a farmer's most precious asset. A farmer's productive capacity is directly related to the health of his or her soil.
Charlie and I have a number of filters that things have to get through before we'll think about them.
The important thing is to keep playing, to play against weak opponents and to play for big stakes.
I've often felt there might be more to be gained by studying business failures than business successes.
Money will always flow toward opportunity, and there is an abundance of that in America.
What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.
The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.
If you can tell me who your heroes are, I can tell you how you're going to turn out in life.
It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.
Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.
