Warren Buffett says

“I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”

—Warren Buffett

More from Warren Buffett

“Tell me who your heroes are and I’ll tell you how you’ll turn out to be.”

—Warren Buffett

“For these investors, it would have been far better if Orville had failed to get off the ground at Kitty Hawk: The more the industry has grown, the worse the disaster for owners.”

—Warren Buffett

“Every saint has a past. Every sinner has a future.”

—Warren Buffett

“I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.”

—Warren Buffett

“Life is like a snowball. The important thing is finding wet snow and a really long hill.”

—Warren Buffett

“Culture, more than rule books, determines how an organization behaves.”

—Warren Buffett

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”

—Warren Buffett

“It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.”

—Warren Buffett

“Only when the tide goes out do you discover who's been swimming naked.”

—Warren Buffett

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

—Warren Buffett