We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
Warren BuffettI don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
Warren BuffettIf you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.
Warren BuffettBasically, the single-most important decision in evaluating a business is pricing power.
Warren Buffett