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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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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Smarter
Investing
Business
Hard
Dumbest
Competitor
Competitors
Commodity

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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
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Do what you would do for free, having passion for what you do is the most important thing.
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
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If I subscribed to the efficient market theory I would still be delivering papers
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A bull market is like sex. It feels best just before it ends.
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?
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