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Knowing what to leave out is just as important as knowing what to focus on.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Important
Leave
Focus
Knowing

More quotes by Warren Buffett

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The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Warren Buffett
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If knowing history made you rich, librarians would be billionaires.
Warren Buffett
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
Warren Buffett
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Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.
Warren Buffett
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An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
Warren Buffett
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I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
Warren Buffett
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Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
Warren Buffett
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Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.
Warren Buffett
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The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
Warren Buffett
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Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
Warren Buffett
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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
Warren Buffett
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The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.
Warren Buffett
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Does management resist the institutional imperative?
Warren Buffett
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Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
Warren Buffett
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Never invest in a business you can't understand
Warren Buffett
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Wall Street makes its money on activity. You make your money on inactivity.
Warren Buffett
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The best asset is your own self. You can become to an enormous degree the person you want to be
Warren Buffett
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We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are ignored.
Warren Buffett
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The advice you never go broke taking a profit is foolish.
Warren Buffett