Quote

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
Purpose
Making
Money
Guiding
Backbone
Product
Products

More quotes by Warren Buffett

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...I will give you two pieces of advice. Invest as much in yourself as you can you are your own best asset by far. Then follow your passion you want to be really excited to get out of bed every morning.
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You don't ever ask a barber whether you need a haircut.
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A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
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When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
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Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
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I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.
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The purpose of life is to be loved by as many people as possible among those you want to have love you
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Focus alone is not enough putting in the time to commit is also crucial to achieve success.
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Larger sums may be an advantage at some cases and a disadvantage at others.
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
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I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.
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Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.
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Like most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
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If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
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I like to buy things I can understand. I do a lot of research on things.
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The stockmarket is a semi-psychotic creature given to extremes of elation and despair.
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It's class warfare, my class is winning, but they shouldn't be.
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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
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We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
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If knowing history made you rich, librarians would be billionaires.
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