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I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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There is no staff. I make all the investment decisions and I do all my own analysis.
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You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
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I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.
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Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
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It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.
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The smartest side to take in a bidding war is the losing side.
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I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
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People always should know better. People don't get - they don't get smarter about things that get as basic as greed.
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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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Let blockheads read what blockheads wrote.
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My idea of a group decision is to look in the mirror.
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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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It is impossible to unsign a contract, so do all your thinking before you sign.
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I don't want to be on the other side of the table from the customer. I was never selling anything that I didn't believe in myself or use myself.
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If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
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Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
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I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.
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