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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
Billionaire
Accounting
Language
Business

More quotes by Warren Buffett

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The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
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Look for companies with high profit margins.
Warren Buffett
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Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
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Inactivity strikes us as intelligent behavior.
Warren Buffett
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Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
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Never lie under any circumstances.
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
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People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.
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If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
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It is easier to rationalize than it is to be rational.
Warren Buffett
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Learning how to live is much more important than learning how to make a living.
Warren Buffett
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In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
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We've got a wonderful economic formula in this country.
Warren Buffett
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If you want to soar like an eagle in life, you can't be flocking with the turkeys.
Warren Buffett
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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
Warren Buffett
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There's no use running if you're on the wrong road.
Warren Buffett
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We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
Warren Buffett
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You don't ever ask a barber whether you need a haircut.
Warren Buffett
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Enjoy your work and work for whom you admire.
Warren Buffett
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My idea of a group decision is to look in the mirror.
Warren Buffett