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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Tell
Work
Always
People
Admire
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More quotes by Warren Buffett

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We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.
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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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Activity is the enemy of investment returns.
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A public-opinion poll is no substitute for thought.
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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
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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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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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Does management resist the institutional imperative?
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
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Long ago, Ben Graham taught me that Price is what you pay value is what you get. Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.
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If book knowledge made great investors, than the librarians would all be rich.
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If you don't know the Jewelry, know the Jeweller
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If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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Never test the depth of river with both the feet.
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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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