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We have long felt that the only value of stock forecasters is to make fortune-tellers look good.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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Enjoy your work and work for whom you admire.
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Writing a check separates a commitment from a conversation.
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We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
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A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
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If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
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A single year's performance is of minor importance and, good or bad, should never be taken seriously.
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I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
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Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
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Be brave when others are afraid, and afraid when others are brave.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
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Accounting is the language of business.
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If you cannot control your emotions, you cannot control your money.
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You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
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Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
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I like to buy things I can understand. I do a lot of research on things.
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I always invest in companies an idiot could run, because one day one will.
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All day you wait for the pitch you like then when the fielders are asleep, you step up and hit it.
Warren Buffett
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Look for companies with high profit margins.
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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.
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