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I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

— Warren Buffett

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Business

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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A business of high principle generates greater drive and effectiveness because people know that they can do the right thing decisively and with confidence.

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Attribution

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.