Warren Buffett Management Quotations

When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

If you don't know the Jewelry, know the Jeweller

All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

The reaction of weak management to weak operations is often weak accounting.

... the best way to own common stocks is through an index fund.

Is management rational?

Is management candid with the shareholders?

Does management resist the institutional imperative?