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Fund consultants like to require style boxes such as long-short, macro, international equities. At Berkshire our only style box is smart.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
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Long
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Investing
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Equities
International
Berkshire
Smart
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More quotes by Warren Buffett

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The wise man once said invest young
Warren Buffett
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Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Warren Buffett
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The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
Warren Buffett
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I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.
Warren Buffett
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You should look at stocks as small pieces of business.
Warren Buffett
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I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
Warren Buffett
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Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
Warren Buffett
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Making money isn't the backbone of our guiding purpose making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money
Warren Buffett
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Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Warren Buffett
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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.
Warren Buffett
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Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
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I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
Warren Buffett
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In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
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The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
Warren Buffett
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My wealth has come from a combination of living in America, some lucky genes, and compound interest.
Warren Buffett
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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
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Do not put all your eggs in one basket.
Warren Buffett
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Be fearful when there is greed and be greedy when there is fear.
Warren Buffett
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Focus alone is not enough putting in the time to commit is also crucial to achieve success.
Warren Buffett
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I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.
Warren Buffett