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What the wise do in the beginning, fools do in the end.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Fools
Investment
Beginning
Fool
Wise
Ends

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People do, as long as you have markets, you'll have excesses.
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It is easier to rationalize than it is to be rational.
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Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
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Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
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I buy expensive suits - they just look cheap on me.
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I am a better investor because I am a businessman, and a better businessman because I am no investor.
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The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
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Every company that has an economist working for him has one employee too many.
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Buy a business, don't rent stocks.
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You do not adequately protect yourself by being half awake when other are sleeping.
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Invest in as much of yourself as you can, you are your own biggest asset by far.
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We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
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If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
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There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
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The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
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People should always know better.
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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
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It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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