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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
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Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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Wall Street makes its money on activity. You make your money on inactivity.
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Do not put all your eggs in one basket.
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The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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Uncertainty is the friend of the buyer of long term values.
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Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.
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I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
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The thing to do is to keep your mind when the world around you is losing theirs.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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You don't have to be a genius to invest well
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First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
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I don't measure my life by the money I've made. Other people might, but certainly don't.
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Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
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In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.
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Don't risk what is important to you, to get what is not important to you.
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Bad terminology is the enemy of good thinking.
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We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.
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There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
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