Warren Buffett Best Business Quotes & Sayings

Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street
a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American. — Roger Lowenstein

Who uses funds more productively - private citizens or the government? I dare say that Warren Buffett can use his surplus funds more effectively in private business and creating jobs than the government can. — Mark Skousen

We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. — Charlie Munger

The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And most people do not get this straight in their heads. But a fellow like Buffett does. For example, when we were in the textile business, which is a terrible commodity business, we were making low-end textiles-which are a real commodity product. And one day, the people came to Warren and said, "They've invented a new loom that we think will do twice as much work as our old ones." — Charlie Munger

Behind every liberal philanthropist fortune is a huge capitalist score. Bill Gates and Warren Buffett can afford now to be liberal - an expensive indulgence - because in their early incarnations they were no-holds-barred capitalists who made lots of enemies conducting business without mercy and in search of pure profit. — Victor Davis Hanson

The profound point is that the critical link between growth and value creation is the return on incremental capital. Since share prices tend to follow earnings over the long term, the more capital that can be deployed at high rates of return to drive greater earnings growth, the more valuable a company becomes. Warren Buffett summarized the point best: "Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return."4 The best investments, in other words, combine strong growth with high returns on capital. — Lawrence A. Cunningham

Warren Buffett said that he would not invest in any business where the owner hasn't failed at least twice. I love that truly wealthy and successful people understand that failure is part of the process. — Steve Harvey

I admire leaders in science, people who really figure things out like Richard Fineman or people who work on vaccines, tons of people working on [the] HIV vaccine. There's leaders in business, people like Warren Buffett, who've got a certain approach they take that are pretty amazing. There [are] product innovators like Steve Jobs was, where he gets behind a concept and does a fantastic job. — Bill Gates

As the celebrated investor Warren Buffett once said, "Price is what you pay. Value is what you get." We would add one more line: "If you do your homework." In business deals, most buyers and sellers have a singular focus on price - and price is hard to avoid. Negotiations ideally produce numbers that both sides can be happy with. But getting to the right price in any deal involves understanding what business assets are truly worth and then structuring a deal around financing and tax realities, which can be quite surprising to those who fail to plan. — Lisa Holton

From time to time, you have seminal personalities who really change the way the world sees itself - people like Gandhi, Martin Luther King, Nelson Mandela. Warren Buffett is that kind of person in the business world. — Guy Spier