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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Quarters
Cola
Coca
Calories
Quarter

More quotes by Warren Buffett

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I don't read economic forecasts. I don't read the funny papers.
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I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.
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I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.
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I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.
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Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.
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We've got a wonderful economic formula in this country.
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Let blockheads read what blockheads wrote.
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People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.
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Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.
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Beware [of] the investment activity that produces applause the great moves are usually greeted by yawns.
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I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.
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... not doing what we love in the name of greed is very poor management of our lives.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
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Do not put all your eggs in one basket.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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If principles can become dated, they're not principles.
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Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
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The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
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It's a big mistake to try and mislead people. They will turn around.
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