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Don't settle for anything other than your passion - if you're lucky enough to find it.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Settling
Lucky
Passion
Anything
Find
Enough
Settle

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I really like my life. I've arranged my life so that I can do what I want.
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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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The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.
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It’s not that I want money. It’s the fun of making money and watching it grow.
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The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
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We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.
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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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Someone's sitting in the shade today because someone planted a tree a long time ago. The person sitting in the shade now should be grateful for the person who planted and tended that tree. That includes all those benefactors of humanity throughout history that created, invented, financed, produced, maintained and improved all that we enjoy today.
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The only time to buy these is on a day with no 'y' in it.
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
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Calculate owner earnings to get a true reflection of value.
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I learned to go into business only with people whom I like, trust, and admire.
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Never depend on single income. Make investment to create a second source.
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When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.
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Does the business have a consistent operating history?
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When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.
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