- All Quotes
-
The investor of today does not profit from yesterday's growth.
-
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
-
I always knew I was going to be rich. I don't think I ever doubted it for a minute.
-
Chains of habit are too light to be felt until they are too heavy to be broken.
-
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
-
The best thing I did was to choose the right heroes.
-
Time is the friend of the wonderful company, the enemy of the mediocre.
-
I buy expensive suits. They just look cheap on me.
-
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
-
When you combine ignorance and leverage, you get some pretty interesting results.
-
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
-
There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
-
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.
-
We're going to move a lot of crude (oil) in this country, and we have to learn how to do it very safely. 'Buffett: Moving Oil By Rail Safely Is A Major Industry Concern' Investing.com (24 April 2014)
-
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
-
We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
-
Price is what you pay. Value is what you get.
-
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
-
You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.
-
Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.
-
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
-
The only time to buy these is on a day with no 'y' in it.
-
I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
-
What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know. 'The genius of Warren Buffett in 23 quotes' MarketWatch (19 August 2015)