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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Constantly
Buffets
Success
Attributed
Cannot
Resist
Much
Investors
Temptation
Investing
Sell
Sells
Inactivity

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There is no perfect mathematical formula for pricing a business.
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
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I think that actually people in my situation should be paying more tax.
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I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
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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.
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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The extraordinary business does not require good management.
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At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
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An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
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