I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren BuffettI think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
Warren BuffettRead Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
Warren BuffettInvesting in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
Warren BuffettJust look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.
Warren Buffett