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The secret to happiness is having low expectations.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Lows
Expectations
Secret
Happiness

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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.
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If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
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I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
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I am a better investor because I am a businessman, and a better businessman because I am no investor.
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Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
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A very rich person should leave his kids enough to do anything, but not enough to do nothing.
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I never try to predict the market.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Derivatives are financial weapons of mass destruction.
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What we learn from history is that people don't learn from history.
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