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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
Choose
Best
Right
Thing
Heroes
Hero

More quotes by Warren Buffett

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I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.
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We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
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If you can eliminate the government as a 39.6% partner, then you will be much better off.
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If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
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The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.
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I think people - what people want to do is make [economy] get worse.
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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
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There is no perfect mathematical formula for pricing a business.
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Fear is the foe of the faddist, but the friend of the fundamentalist.
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Continually challenge and be willing to amend your best loved ideas.
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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.
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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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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
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My father was the best person i've ever known.
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First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
Warren Buffett
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In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts the Depression a dozen or so recessions and financial panics oil shocks a flu epidemic and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Warren Buffett
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I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
Warren Buffett
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In the end we must have people to match our principles, not the reverse.
Warren Buffett
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I always knew I was going to be rich. I don't think I ever doubted it for a minute.
Warren Buffett
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We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
Warren Buffett