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Time is the friend of the wonderful company, the enemy of the mediocre.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Life
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Omaha
Wonderful
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Mediocre
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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Possessing a powerful worldwide brand is essential for sustained success.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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If I got any good ideas out of that or I think they're good ideas, I'll be glad to contribute them but the system will probably overdo some other things.
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I look at everything. That's my job. I really do, every day. I think about everything.
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Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
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All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
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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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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
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I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
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I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
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Good big decisions do not take time at all, if they do you are in trouble.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
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I know the country works extremely well. You know, but when it isn't clogged up.
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We've got more productive capacity now than we ever have.
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