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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 mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.
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It is madness to risk losing what you need in pursuing what you simply desire.
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When the brothel burns down, even the pretty girls have to run out.
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In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.
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We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
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There is nothing like writing to force you to think and get your thoughts straight.
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In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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The only way to be loved is to be loveable, which really irritates me.
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Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.
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We're still in a recession. We're not gonna be out of it for a while, but we will get out.
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We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
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I view derivatives as time bombs, both for the parties that deal in them and the economic system.
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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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You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
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When the president of the United States goes out at, you know, 8:00 o'clock in the morning and then his own party votes gets him 2 to 1 in the house, you know that somehow a message isn't getting out. It takes real leadership.
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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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Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
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I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.
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