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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Rather
Produced
Making
Dumb
Long
Brilliant
Decisions
Ones
Results
Outstanding
Decision
Primarily
Term
Avoiding

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The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
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I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?
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Fear is the foe of the faddist, but the friend of the fundamentalist.
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The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was corrected by a former employer to read one year's experience-twenty times.
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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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