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I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.

Warren Buffett

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

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Cash combined with courage in a time of crisis is priceless.
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Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.
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I wouldn’t mind going to jail if I had three cellmates who played bridge
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Well, it may be all right in practice, but it will never work in theory
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We enjoy the process far more than the proceeds.
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If you cannot control your emotions, you cannot control your money.
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Investment must be rational if you can't understand it, don't do it.
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There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
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In economics, you always want to ask 'And then what?'
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We look for things I can understand. A lot of businesses I don't understand.
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Forecasts may tell you a great deal about the forecaster they tell you nothing about the future.
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It's very important that the determination of the US Congress to do what is is needed be made evident this week and by the actions of most of the members. I mean, you're not going to get total assent.
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Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
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With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.
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My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.
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We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
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A CEO's behavior has a huge impact on managers down the line.
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A hyperactive stock market is the pickpocket of enterprise.
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So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
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