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I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Right
Precisely
Would
Draw
Draws
Turn
Wrong
Turns
Rather
Perfect
Approximately

More quotes by Warren Buffett

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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.
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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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Investment must be rational if you can't understand it, don't do it.
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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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Taking jobs to build up your resume is the same as saving up sex for old age.
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I'm the luckiest guy in the world in terms of what I do for a living. No one can tell me to do things I don't believe in or things I think are stupid.
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It's class warfare, my class is winning, but they shouldn't be.
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If you don't find a way to make money while you sleep, you will work until you die.
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The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.
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You pay a very high price in the stock market for a cheery consensus.
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If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
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If you don't make mistakes you can't make decisions.
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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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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It's a lot easier to buy things than it is to sell them.
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Earnings can be pliable as putty when a charlatan heads the company reporting them.
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Nothing sedates rationality like large doses of effortless money.
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
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There is no substitute for a local newspaper that is doing its job.
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