Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
Warren BuffettI measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren BuffettJohn Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.
Warren BuffettDo not take yearly results too seriously. Instead, focus on four or five-year averages.
Warren BuffettWe are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
Warren Buffett