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If you want your business to survive for 100 years, you've got to make it through every single day for 100 years. It's not enough to do it 99.9% of the time.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Enough
Every
Years
Make
Time
Survive
Single
Business

More quotes by Warren Buffett

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Traditional wisdom is long on tradition and short on wisdom.
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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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I know what I want to do and it makes sense to get going.
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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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The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the passive group - the know-nothings - must win.
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
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I think the worst mistake you can make in stocks is to buy or sell based on current headlines.
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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
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When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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I'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
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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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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
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I can't promise results, but I can promise a common destiny.
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We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
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If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
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