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You get in a lot of trouble when you start putting fictitious numbers.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Fictitious
Putting
Numbers
Trouble
Start

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Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
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I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
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Our approach is very much profiting from lack of change rather than from change.
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I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.
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People should always know better.
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Good big decisions do not take time at all, if they do you are in trouble.
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A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
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One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
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Trust is like the air we breathe--when it's present, nobody really notices when it's absent, everybody notices.
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Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.
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If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.
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Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
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Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.
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We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.
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An investor needs to do very few things right as long as he or she avoids big mistakes.
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The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.
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