Here are the best quotes Buffett dropped in his first TV interview from nearly 40 years ago. The real test of whether you're investing from a value standpoint or not is whether you care whether the stock market is open tomorrow. If you're making a good investment in a security, it shouldn't bother if they closed down the stock market for five years." There are all kinds of things I don't know about, and that may be too bad. They may be wonderful pitches to swing at, but if you don't know enough, you don't have to swing.

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Persons: Warren Buffett, Adam Smith's, Buffett, —, Berkshire Hathaway, George Goodman Organizations: Berkshire Hathaway, PBS, Service, Wall Street, IBM, Marvelous Locations: Berkshire, Omaha, Wall Street Nebraska, York