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Can you really explain to a fish what it's like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.

— Warren Buffett The Warren Buffett Way 3rd Edition (2024)

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More quotes by Warren Buffett

The asset I most value, aside from health, is interesting, diverse, and long-standing friends.

I make no attempt to forecast the general market — my efforts are devoted to finding undervalued securities.

Letters to Shareholders (1957)

People will always try to stop you doing the right thing if it is unconventional.

It's simply to say that managers and investors alike must understand that accounting numbers is the beginning, not the end, of business valuation.

Letters to Shareholders (1957)

Love is the greatest advantage a parent can give.

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Experience is the name everyone gives to their mistakes.

Oscar Wilde Lady Windermere's Fan (1892)

Oh who can tell, save he whose heart hath tried.

Lord Byron The Corsair (1814)

A gram of experience is worth a ton of theory.

Robert Gascoyne-Cecil, 3rd Marquess of Salisbury

Good judgment comes from experience, and experience comes from bad judgment.

Rita Mae Brown Alma Mater (2001)

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Quote text and notes from Wikiquote: Warren Buffett (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.