I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.
Warren BuffettYou ought to be able to explain why youโre taking the job youโre taking, why youโre making the investment youโre making, or whatever it may be. And if it canโt stand applying pencil to paper, youโd better think it through some more. And if you canโt write an intelligent answer to those questions, donโt do it.
Warren BuffettWe try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.
Warren BuffettYou don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Warren BuffettIt's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
Warren Buffett