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The best thing I did was choose the right heroes.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Right
Thing
Heroes
Hero
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More quotes by Warren Buffett
Too often, a vast collection of possessions ends up possessing its owner.
Warren Buffett
It's better to build than to buy if you can find the right people.
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Knowing what to leave out is just as important as knowing what to focus on.
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Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices
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It's the deleveraging that's going on right now that has caused the credit crisis.
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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.
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The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
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I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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I don't measure my life by the money I've made. Other people might, but certainly don't.
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Benign neglect, bordering on sloth, remains the hallmark of our investment process.
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When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.
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Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.
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Bad terminology is the enemy of good thinking.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
Warren Buffett
It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
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Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
Warren Buffett
Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.
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Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
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