Warren Buffett says

“Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”

—Warren Buffett

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“what’s good for customers is good for shareholders.”

“Risk comes from not knowing what you're doing”

—Warren Buffett

“We are stubborn on vision. We are flexible on details.”

“I don't think about ROI, I think about ROE (Return on Effort). When too much effort is spent on something small and inconsequential, it offends my sensibilities far more than too much money spent on something that wasn't worth it.”

“A small chance of distress or disgrace cannot, in our view, be offset by a large chance of extra returns.”

—Warren Buffett

“Some time ago Ken Galbraith, in his witty and insightful The Great Crash, coined a new economic term: “the bezzle,” defined as the current amount of undiscovered embezzlement. This financial creature has a magical quality: The embezzlers are richer by the amount of the bezzle, while the embezzlees do not yet feel poorer.”

—Warren Buffett

“The year 2015 marks the fiftieth anniversary of Berkshire Hathaway under Warren Buffett's leadership, a milestone worth commemorating. The tenure sets a record”

—Warren Buffett

“There is no tougher job in corporate America than running an airline: Despite the huge amounts of equity capital that have been injected into it, the industry, in aggregate, has posted a net loss since its birth after Kitty Hawk. Airline managers need brains, guts, and experience—and”

—Warren Buffett

“You do not need to be terrifically smart to do well as an investor at all.”

—Warren Buffett

“Regardless of the impact upon immediately reportable earnings, we would rather buy 10% of Wonderful Business T at X per share than 100% of T at 2x per share. Most corporate managers prefer just the reverse.”

—Warren Buffett

“Stocks of companies selling commodity-like products should come with a warning label: “Competition may prove hazardous to human wealth.“”

—Warren Buffett

“Intensity is the price of excellence.”

—Warren Buffett

“Yes We Can!”

—Barack Obama

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

—Warren Buffett

“Especially favourable future prospects were regarded by shrewd investors as something to look for but not to pay for”

—Warren Buffett