Warren Buffett

The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.

Warren Buffett

The most common cause of low prices is pessimism – sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.

Warren Buffett

The most dangerous distractions are the ones you love, but that don’t love you back.

Warren Buffett

The most important thing in terms of your circle of competence is not how large the area of it is, but how well you’ve defined the perimeter.

Warren Buffett

The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

Warren Buffett

The only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: ‘I’ll buy a million dollars’ worth of love.’ But it doesn’t work that way. The more you give love away, the more you get.

Warren Buffett

The patient that’s on the floor with the cardiac arrest is not Wall Street. It’s the American economy.

Warren Buffett

The power of unconditional love. I mean, there is no power on earth like unconditional love.

Warren Buffett

The reaction of weak management to weak operations is often weak accounting.

Warren Buffett

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.

Warren Buffett