Warren Buffett Quotes

Enjoy the top 788 famous quotes, sayings and quotations by Warren Buffett.

Warren Buffett Quotes

It is more important to say "no" to an opportunity, than to say "yes".
— Warren Buffett —

Never ask a barber if you need a haircut.

— Warren Buffett

What the wise do in the beginning, fools do in the end.

— Warren Buffett

I learned to go into business only with people whom I like, trust, and admire.

— Warren Buffett

I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.

— Warren Buffett

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

— Warren Buffett

Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press

— Warren Buffett

Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are [ ... ] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.

— Warren Buffett

When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

— Warren Buffett

Knowing what to leave out is just as important as knowing what to focus on.

— Warren Buffett

Ignore the stock market, ignore the economy, and buy a business you understand.

— Warren Buffett

I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.

— Warren Buffett

Never get too hung up on mistakes.

— Warren Buffett

You could be somewhere where the mail was delayed three weeks and do just fine investing.

— Warren Buffett

Enjoy your work and work for whom you admire.

— Warren Buffett

The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that's the greatest mistake investors make because it's always uncertain. People say it's a time of uncertainty. It was uncertain on September 10th, 2001, people just didn't know it. It's uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared they pay less for things. We try to price. We don't try to time at all.

— Warren Buffett

SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.

— Warren Buffett

It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.

— Warren Buffett

At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.

— Warren Buffett

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

— Warren Buffett

I wouldn't mind going to jail if I had three cellmates who played bridge

— Warren Buffett

Well, one time some attractive woman sat next to Charlie and asked him what he owed his success to, and, unfortunately, she insisted on a one word answer. He had a speech prepared that would have gone on for several hours. But when forced to boil it down to one word, he said that was "rational". You know, he comes equipped for rationality, and he applies it in business. He doesn't always apply it elsewhere, but he applies it in business and that has made him a huge business success.

— Warren Buffett

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