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We look for things I can understand. A lot of businesses I don't understand.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Businesses
Understand
Look
Looks
Things

More quotes by Warren Buffett

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Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.
Warren Buffett
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Buy stocks like you buy your groceries, not like you buy your perfume.
Warren Buffett
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You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
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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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With enough insider information and a million dollars, you can go broke in a year.
Warren Buffett
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I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
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The Noah rule: Predicting rain doesn't count building arks does.
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It's better to build than to buy if you can find the right people.
Warren Buffett
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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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Traditional wisdom is long on tradition and short on wisdom.
Warren Buffett
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It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.
Warren Buffett
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I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
Warren Buffett
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In the insurance business, there is no statute of limitation on stupidity.
Warren Buffett
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What we learn from history is that people don't learn from history.
Warren Buffett
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We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.
Warren Buffett
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Cash combined with courage in a time of crisis is priceless.
Warren Buffett
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Inflation could be a very - is a likely consequence out of what's going on now.
Warren Buffett
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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.
Warren Buffett
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The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
Warren Buffett
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
Warren Buffett