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"There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it."
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"True wisdom often comes from the experience of failure-not from success."

"It is by a mathematical point only that we are wise, as the sailor or fugitive slave keeps the polestar in his eye; but that is sufficient guidance for all our life. We may not arrive at our port within a calculable period, but we would preserve the true course."

"The intelligent are candles, the virtuous are torches, the wise are lamps, and the enlightened are stars."

"Wisdom is not in intelligence but in simplicity."

"Ignorance is your opponent, fear is your enemy, vice is your adversary, virtue is your friend, and wisdom is your helper."

"Sometimes only when opportunity stops banging to be let in do we notice its absence!"
Explore more quotes by Warren Buffett


"Your premium brand had better be delivering something special, or it's not going to get the business."


"Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation."


"We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'"


"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."
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