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It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it.
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Exercise humility and restraint.
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It's a big mistake to try and mislead people. They will turn around.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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When bills come due, only cash is legal tender. Don't leave home without it.
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The best thing I did was choose the right heroes.
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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
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I mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
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Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
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The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
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Unless your answers are clearly better, copy the answers of your betters.
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The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
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Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.
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We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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Never lie under any circumstances.
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
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Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
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Risk is a part of God's game, alike for men and nations.
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