Warren Buffett

If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.

Warren Buffett

If we start deciding, based on guesses or emotions, whether we will or won’t participate in a business where we should have some long run edge, we’re in trouble.

Warren Buffett

If you are a professional and have confidence, then I would advocate lots of concentration.

Warren Buffett

If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary; you only need to understand the actions you undertake.

Warren Buffett

If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I’d give it back to you and say it can’t be done.

Warren Buffett

If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don’t have to do anything I don’t want to do.

Warren Buffett

If you have a harem of 40 women, you never get to know any of them very well.

Warren Buffett

If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don’t need extraordinary intelligence to succeed as an investor.

Warren Buffett

If you hit a hole in one every hole, you wouldn’t play golf for very long.

Warren Buffett

If you invested in a very low cost index fund – where you don’t put the money in at one time, but average in over 10 years -you’ll do better than 90% of people who start investing at the same time.

Warren Buffett