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Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Brain
Passion
Resumes
Bigs
Charlie
Brains
Integrity
Instead
Fans
Focus

More quotes by Warren Buffett

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The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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Your premium brand had better be delivering something special, or it's not going to get the business.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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It's easier to create money than to spend it.
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I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
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Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.
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The extraordinary business does not require good management.
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It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
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The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
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I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.
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As one of my older friends says, Nostalgia just isn't what it used to be. Let's take a stab at it, anyway.
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Do what you would do for free, having passion for what you do is the most important thing.
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If you buy the things you don't need, you will soon be selling the things that you need.
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A CEO's behavior has a huge impact on managers down the line.
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Other guys read Playboy. I read annual reports.
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I have an 800 freephone number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: My name is Warren and I'm an aeroholic. And then they talk me down.
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The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.
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If past history was all there was to the game, the richest people would be librarians.
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Nothing sedates rationality like large doses of effortless money.
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