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Accounting is the language of business.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Language
Business
Billionaire
Accounting

More quotes by Warren Buffett

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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Warren Buffett
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I know that Congress will do the right thing.
Warren Buffett
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If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
Warren Buffett
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
Warren Buffett
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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.
Warren Buffett
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Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
Warren Buffett
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The best thing I did was choose the right heroes.
Warren Buffett
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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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People do, as long as you have markets, you'll have excesses.
Warren Buffett
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For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
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Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
Warren Buffett
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
Warren Buffett
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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.
Warren Buffett
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No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.
Warren Buffett
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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.
Warren Buffett
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Taking jobs to build up your resume is the same as saving up sex for old age.
Warren Buffett
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I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.
Warren Buffett
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
Warren Buffett
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The value of a business is the cash it's going to produce in the future.
Warren Buffett
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You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
Warren Buffett