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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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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Five
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Never
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Buffets

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Only when the tide goes out do you discover who's been swimming naked.
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Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.
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The key to life is to figure out who to be the batboy for.
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Only when you combine sound intellect with emotional discipline do you get rational behavior.
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Making money isn't the backbone of our guiding purpose making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money
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A fool and his money are soon invited everywhere.
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In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
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We like to buy businesses, but we don't like to sell them.
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People do, as long as you have markets, you'll have excesses.
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You could be somewhere where the mail was delayed three weeks and do just fine investing.
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
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Mr. Market is your servant, not your guide.
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.
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I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
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Accounting is the language of business.
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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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The only way to be loved is to be loveable, which really irritates me.
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