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Things you like to do should be a hobby of yours, but things the world does should be a business of yours.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Business
Doe
Things
Like
World
Hobby
Hobbies

More quotes by Warren Buffett

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If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.
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Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
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The smarter the journalists are, the better off society is.
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I don't like what's going on with the executive compensation.
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If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
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In the world of business, the people who are most successful are those who are doing what they love.
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You're dealing with a lot of silly people in the marketplace it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
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I never invest in anything that I don't understand.
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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You know, with your money and my brains, I mean, there's no telling how far we'd go.
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Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
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If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
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Money will always flow toward opportunity, and there is an abundance of that in America.
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It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
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Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.
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If horses had controlled investment decisions, there would have been no auto industry.
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I've never been very fully employed either.
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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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It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.
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I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
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