"Never invest in a business you cannot understand."
"Always invest for the long term."
"Always invest for the long term."
“Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
"Stop trying to predict the direction of the stock market, the economy, interest rates, or elections."
"I really like my life. I"ve arranged my life so that I can do what I want."
"Buy a business, don"t rent stocks."
"Never depend on single income. make investment to create a second source"
"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."
"If a business does well, the stock eventually follows."
"Cash never makes us happy, but it"s better to have the money burning a hole in Berkshire"s pocket than resting comfortably in someone else"s."
"A public-opinion poll is no substitute for thought."
"The investor of today does not profit from yesterday"s growth."
"Someone"s sitting in the shade today because someone planted a tree a long time ago."
"We will only do with your money what we would do with our own."
"Do not put all your eggs in one basket."
"If you buy things you do not need, soon you will have to sell things you need."
"If you don"t feel comfortable owning something for 10 years, then don"t own it for 10 minutes."
"I am a better investor because I am a businessman and a better businessman because I am an investor."
"Price is what you pay. Value is what you get."
"The Stock Market is designed to transfer money from the Active to the Patient."
"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 ten years."
"Do not save what is left after spending, but spend what is left after saving."
"I don"t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."
"For some reason, people take their cues from price action rather than from values. What doesn"t work is when you start doing things that you don"t understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it"s going up."
"We don"t get paid for activity, just for being right. As to how long we will wait, we"ll wait indefinitely."
"Diversification is a protection against ignorance. It makes very little sense for those who know what they"re doing."
"Buy companies with strong histories of profitability and with a dominant business franchise."
"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can"t buy what is popular and do well."
"Never test the depth of the river with both your feet."
"When asked how he became so successful in investing, Buffett answered: "we read hundreds and hundreds of annual reports every year."
"When a management team with a reputation for brilliance joins a business with poor fundamental economics, it is the reputation of the business that remains intact."
"Risk can be greatly reduced by concentrating on only a few holdings."
"It is not necessary to do extraordinary things to get extraordinary results."
"Wide diversification is only required when investors do not understand what they are doing."
"You"re neither right nor wrong because other people agree with you. You"re right because your facts are right and your reasoning is right – that"s the only thing that makes you right. And if your facts and reasoning are right, you don"t have to worry about anybody else."
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you"ll do things differently."
"If you have a great manager, you want to pay him very well."
"Only buy something that you"d be perfectly happy to hold if the market shut down for 10 years."
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
"Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful."
"Our favorite holding period is forever."
"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."
"For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up."
"Risk comes from not knowing what you"re doing."
"Time is the friend of the wonderful company, the enemy of the mediocre."
"Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market."
"Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down."
“Without passion, you don’t have energy. Without energy, you have nothing."
"An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business."
Warren Buffett is the second richest man in America with a net worth of $44 Billion. He is the founder and CEO of Berkshire Hathaway (BRK), a holding company which owns subsidiaries that engage in diverse business activities. When it comes to stock market the entire world listens to this American Giant investor. This page contains the first 50 Warren Buffett Quotes on investing and finance. Here are the next 50 Warren Buffett Quotes.
