Warren Buffett

All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.

Warren Buffett

All I want to know is where I’m going to die so I’ll never go there.

Warren Buffett

Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.

Warren Buffett

America should stand for more than just wealth.

Warren Buffett

An IPO is like a negotiated transaction – the seller chooses when to come public – and it’s unlikely to be a time that’s favourable to you.

Warren Buffett

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities – at full prices they couldn’t buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

Warren Buffett

As far as you are concerned, the stock market does not exist. Ignore it.

Warren Buffett

As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country’s airline companies was zero. Absolutely zero.

Warren Buffett

As one of my older friends says, “Nostalgia just isn’t what it used to be.” Let’s take a stab at it, anyway.

Warren Buffett

Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.

Warren Buffett