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Investing is forgoing consumption now in order to have the ability to consume more at a later date.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Consume
Consumption
Date
Investing
Later
Ability
Order

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Bad terminology is the enemy of good thinking.
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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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The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
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Problems in a company are like cockroaches in the kitchen. You will never find just one
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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
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Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
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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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It’s not that I want money. It’s the fun of making money and watching it grow.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes
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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
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If you don't know jewelry, know the jeweler.
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Energy deregulation will be the largest transfer of wealth in history.
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I'm happy when I can spend every day doing the things that I like to do. That's my luxury.
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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
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People should always know better.
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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
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