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If you can tell me who your heroes are, I can tell you how you're going to turn out in life.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Turns
Tell
Going
Life
Heroes
Hero
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More quotes by Warren Buffett

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Activity is the enemy of investment returns.
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Buy companies with strong histories of profitability and with a dominant business franchise.
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... not doing what we love in the name of greed is very poor management of our lives.
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
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There is no staff. I make all the investment decisions and I do all my own analysis.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.
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We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.
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I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.
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The most important investment you can make is in yourself... nobody can tax it or take it away from you.
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I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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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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It's us fun being a horse when the tractor comes along, or the blacksmith when the car comes along.
Warren Buffett
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The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.
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Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
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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.
Warren Buffett
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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.
Warren Buffett
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Never depend on single income. Make investment to create a second source.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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