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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.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Love
Life
Admire
Chance
Given
Best
Work

More quotes by Warren Buffett

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Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.
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Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.
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When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
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The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
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Derivatives are financial weapons of mass destruction.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.
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I know what I want to do and it makes sense to get going.
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Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
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A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
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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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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
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Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
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The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.
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There are certain things that cannot be adequately explained to a virgin either by words or pictures.
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