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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
Life
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More quotes by Warren Buffett

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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
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During inflation, Goodwill is the gift that keeps on giving.
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Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
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It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
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You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.
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We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.
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Forecasts usually tell us more of the forecaster than of the forecast
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When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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What we really want to do is buy businesses that we would be happy to own forever.
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
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Risk comes from not knowing what you're doing.
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It’s not that I want money. It’s the fun of making money and watching it grow.
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Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
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I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.
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Be fearful when the markets get greedy, be greedy when the markets get fearful.
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I think people - what people want to do is make [economy] get worse.
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Never lie under any circumstances.
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You don't ever ask a barber whether you need a haircut.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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It's good to learn from your mistakes. It's better to learn from other people's mistakes.
Warren Buffett