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Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.

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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More quotes by Warren Buffett

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Risk comes from not knowing what you're doing.
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What's nice about investing is you don't have to swing at every pitch.
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Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.
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One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
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The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.
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Accounting is the language of business.
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I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.
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You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
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If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
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I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].
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I want to be able to explain my mistakes. This means I do only the things I completely understand.
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Valuing a business is part art and part science.
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The key to success is emotional stability.
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When you combine ignorance and leverage, you get some pretty interesting results.
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The important thing is to keep playing, to play against weak opponents and to play for big stakes.
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We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
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Take the job you would take if you were independently wealthy. You're going to do well at it.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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