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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Success
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Fear
Ego
Comes
Greed
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Rational
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Failure
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More quotes by Warren Buffett

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Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
Warren Buffett
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I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
Warren Buffett
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Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
Warren Buffett
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Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
Warren Buffett
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There is no substitute for a local newspaper that is doing its job.
Warren Buffett
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The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
Warren Buffett
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
Warren Buffett
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I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
Warren Buffett
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SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.
Warren Buffett
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
Warren Buffett
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The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
Warren Buffett
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Be brave when others are afraid, and afraid when others are brave.
Warren Buffett
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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
Warren Buffett
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All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Warren Buffett
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Warren Buffett
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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
Warren Buffett
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
Warren Buffett
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In a commodity business, it's very hard to be smarter than your dumbest competitor.
Warren Buffett
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If you buy things you do not need, soon you will have to sell things you need.
Warren Buffett