Warren Buffett Quotes

One of the greatest pieces of economic wisdom is to know what you do not know.

There are few, very few, that will own themselves in a mistake, though all the World sees them to be in downright nonsense.

No men are oftener wrong than those that can least bear to be so.

Make it thy business to know thyself, which is the most difficult lesson in the world. Yet from this lesson thou will learn to avoid the frog's foolish ambition of swelling to rival the bigness of the ox.

You had measured how long a fool you were upon the ground.

Follow the trend lines, not the headlines.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

Be very slow to believe that you are wiser than all others; it is a fatal but common error.

Pride is not the heritage of man; humility should dwell with frailty, and atone for ignorance, error, and imperfection.

What counts for most people in investing is not how much they know, but rather how realistically they define what they don’t know.

A confessional passage has probably never been written that didn't stink a little bit of the writer's pride in having given up his pride.

What is the vanity of the vainest man compared with the vanity which the most modest possesses when, in the midst of nature and the world, he feels himself to be man!

Fear and realisation of ignorance, strong medicines against stupid pride.

I've certainly never helped anybody save the day, in any capacity. If anybody is going to understand making a few mistakes, it's me.

It is a dangerous thing to ask why someone else has been given more. It is humbling - and indeed healthy - to ask why you have been given so much.

What we need is not a religion that is right where we are right, but one that is right where we are wrong.

Pride is not a word or sentiment I can ascribe to anything I have done or do. As far as regret, it is a luxury I can not afford. Anything I did, that was bad or wrong or regretful, I stand accused, I am guilty and I'm ready to serve my time.

There are too many things we do not wish to know about ourselves. People are not, for example, terribly anxious to be equal (equal, after all, to what and to whom?) but they love the idea of being superior.

Anyone who thinks that his time is too valuable to spend keeping quiet will eventually have no time for God and his brother, but only for himself and for his own follies.

Just as a fisherman must watch the ebb and flow of the tides, an investor and businessperson must be keenly aware of the subtle shifts in cash flow.

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

The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.

The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.

Pride and curiosity are the two scourges of our souls. The latter prompts us to poke our noses into everything, and the former forbids us to leave anything unresolved and undecided.