Warren Buffett

If you knew what was going to happen in the economy, you still wouldn’t necessarily know what was going to happen in the stock market.

Warren Buffett

If you owe money, you can’t pay them out. You just pay for everything, you do smart things, you eventually get very rich.

Warren Buffett

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.

Warren Buffett

If you see somebody with even reasonable intelligence and a terrific passion for what they do and who can get people around them to march, even when those people can’t see over the top of the next hill, things are gonna happen.

Warren Buffett

If you’re an investor, you’re looking on what the asset is going to do, if you’re a speculator, you’re commonly focusing on what the price of the object is going to do, and that’s not our game.

Warren Buffett

If you’ve got a good enough business, if you have a monopoly newspaper, if you have a network television station – I’m talking of the past – you know, your idiot nephew could run it. And if you’ve got a really good business, it doesn’t make any difference.

Warren Buffett

In a commodity business, it’s very hard to be smarter than your dumbest competitor.

Warren Buffett

In fact, in my adult lifetime, I don’t think I’ve ever seen people as fearful economically as they are right now.

Warren Buffett

In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.

Warren Buffett

In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.

Warren Buffett