Warren Buffett says

“The requisites for board membership should be business savvy, interest in the job, and owner-orientation.”

—Warren Buffett

More from Warren Buffett

“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.”

—Warren Buffett

“You know ... you keep doing the same things and you keep getting the same result over and over again.”

—Warren Buffett

“I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.”

—Warren Buffett

“While investors and managers must place their feet in the future, their memories and nervous systems often remain plugged into the past.”

—Warren Buffett

“It is not greed that drives the world but envy.”

—Warren Buffett

“Charlie’s dictum: “All I want to know is where I’m going to die so I’ll never go there.”

—Warren Buffett

“The most important thing to do if you find yourself in a hole is to stop digging.”

—Warren Buffett

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

—Warren Buffett

“My life couldn't be happier. In fact, it'd be worse if I had six or eight houses. So, I have everything I need to have, and I don't need any more because it doesn't make a difference after a point”

—Warren Buffett

“If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”

—Warren Buffett