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There are certain things that cannot be adequately explained to a virgin either by words or pictures.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Either
Words
Cannot
Certain
Adequately
Things
Virgin
Virgins
Explained
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More quotes by Warren Buffett

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Buy stocks like you buy your groceries, not like you buy your perfume.
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
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I don't read economic forecasts. I don't read the funny papers.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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The power of unconditional love. I mean, there is no power on earth like unconditional love.
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Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
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The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.
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Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.
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In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment (2) our increased size and (3) substantially more competition.
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The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
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Too often, a vast collection of possessions ends up possessing its owner.
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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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If you're in a card game and you can't figure out who the patsy is, you're it.
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Derivatives are financial weapons of mass destruction.
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We continue to make more money when snoring than when active.
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A Company should be viewed as an unfolding movie, not as a still photograph
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The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.
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I know what I want to do and it makes sense to get going.
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Fear is the foe of the faddist, but the friend of the fundamentalist.
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I never invest in anything that I don't understand.
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