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If horses had controlled investment decisions, there would have been no auto industry.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Industry
Decision
Auto
Would
Horses
Controlled
Investment
Decisions
Horse

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Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
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Buy into a company because you want to own it, not because you want the stock to go up.
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Buy companies with strong histories of profitability and with a dominant business franchise.
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
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I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.
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People should always know better.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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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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Take the job you would take if you were independently wealthy. You're going to do well at it.
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The trick is, when there is nothing to do, do nothing.
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What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.
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If you can tell me who your heroes are, I can tell you how you're going to turn out in life.
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I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
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Our favorite holding period is forever.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.
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Your money can be inflated away but your knowledge and talent cannot.
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I don't like what's going on with the executive compensation.
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