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He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Never
Plea
Charlie
Dies
Forget
Tell
Must
Going

More quotes by Warren Buffett

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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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If you buy the things you don't need, you will soon be selling the things that you need.
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Be brave when others are afraid, and afraid when others are brave.
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Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
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If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
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Never depend on a single source of income.
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Never get too hung up on mistakes.
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If you are a professional and have confidence, then I would advocate lots of concentration.
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It's a lot easier to buy things than it is to sell 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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Enjoy your work and work for whom you admire.
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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
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The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
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I've often felt there might be more to be gained by studying business failures than business successes.
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How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.
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If you hit a hole in one every hole, you wouldn’t play golf for very long.
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Every company that has an economist working for him has one employee too many.
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