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"When you combine ignorance and leverage, you get some pretty interesting results."
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"There can be no two opinions as to what a highbrow is. He is the man or woman of thoroughbred intelligence who rides his mind at a gallop across country in pursuit of an idea."

"Solving a problem is intelligence. Preventing a problem is wisdom."

"Most unintelligent or foolish people do not regard themselves as that, they regard themselves as not-that-intelligent or not-that-wise."

"No, honestly, my mouth shouldn't be able to function unless my brain's engaged."

"One might almost define intelligence as the level at which an aware organism demands, 'What's in it for me?"

"Were you born stupid, Heinrich, or did you have to study?"

"Once intelligent beings achieve technology and the capacity for self-destruction of their species, the selective advantage of intelligence becomes more uncertain."

"Three-quarters of the sicknesses of intelligent people come from their intelligence. They need at least a doctor who can understand this sickness."

"Every intelligent being, whether it breathes or not, coughs nervously at some time in its life."

"Dealing with one who feels smarter than you,let him assume that you ain't smarter than him."
Explore more quotes by Warren Buffett


"I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism."


"I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board."


"We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II."


"Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."


"It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction."


"You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing."
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