Quotes from Warren Buffett

Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.

It's easier to create money than to spend it.

Wall Street makes its money on activity. You make your money on inactivity.

Our approach is very much profiting from lack of change rather than from change.

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

Money will not change how healthy you are or how many people love you.

I'm putting all my money in the Chinese toy market.

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

Your money can be inflated away but your knowledge and talent cannot.

Working with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.

Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.

You know, with your money and my brains, I mean, there's no telling how far we'd go.

In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.

It is not necessary to do extraordinary things to get extraordinary results.

My father was the best person i've ever known.

There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.

The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.

There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

If the reason for doing something is that everyone else is doing it, it's not a good enough reason.

The extraordinary business does not require good management.