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We enjoy the process far more than the proceeds.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Enjoy
Process
War
Business
Proceeds
Investing
Economics
Management
Pleasure

More quotes by Warren Buffett

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I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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Investment must be rational if you can't understand it, don't do it.
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We make investment decisions based on our evaluation of the most profitable combination of probabilities.
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Diversification may preserve wealth, but concentration builds wealth.
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In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
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Investing is laying out money now to get more money back in the future.
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If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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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.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
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The good thing is, we have household formation in this country.
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You can be sure that over the next 10 years, you'll see something that you did not think was possible.
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AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.
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I have always cautioned partners that I considered three years a minimum in determining whether we were performing.
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