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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Thought
Couldn
Best
Records
Would
Greatest
World
Worst
Results
Actually
Investor
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More quotes by Warren Buffett

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Be fearful when there is greed and be greedy when there is fear.
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We always live in an uncertain world. What is certain is that the United States will go forward over time.
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The American worker is more productive than he's ever been.
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
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We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private.
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Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
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If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
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If you don't find a way to make money while you sleep, you will work until you die.
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During inflation, Goodwill is the gift that keeps on giving.
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I was lucky to have the right heroes. Tell me who your heroes are and I'll tell you how you'll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit forming.
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If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
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I would say the biggest single cause was we had an incredible residential real estate bubble.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
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Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
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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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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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We like to buy businesses, but we don't like to sell them.
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I don't like what's going on with the executive compensation.
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