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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Money
Guiding
Backbone
Product
Products
Purpose
Making

More quotes by Warren Buffett

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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
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The best asset is your own self. You can become to an enormous degree the person you want to be
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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
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If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
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The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.
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Don't invest in pieces of papers (stocks), invest in great businesses underlying them
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If at first you do succeed, quit trying on investing.
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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
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Enjoy your work and work for whom you admire.
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
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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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We like to buy businesses, but we don't like to sell them.
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Forecasts usually tell us more of the forecaster than of the forecast
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Of our 49 billion, we haven't moved any to Bitcoin
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I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to develop that talent, and set up the laws and the finanical system to let me do what I love doing-and make a lot of money doing it. The least I can do is help pay for all that.
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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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Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.
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As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.
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