Warren Buffet

In this game, the market has to keep pitching, but you don’t have to swing. You can stand there with the bat on your shoulder until you get a fat pitch

Warren Buffet

Accounting is the language of business.

Warren Buffet

If you are in a poker game and after 20 minutes, you don’t know who the patsy is, then you are the patsy.

Warren Buffet

It is only when the tide goes out that you can see who is swimming naked.

Warren Buffet

The rich invest in time, the poor invest in money.

Warren Buffet

Without passion, you don’t have energy. Without energy, you have nothing.

Warren Buffet

I get to do what I like to do every single day of the year.

Warren Buffet

Derivatives are financial weapons of mass destructions.

Warren Buffet

Price is what you pay, value is what you get.

Warren Buffet

Risk comes from not knowing what you are doing.

Warren Buffet

Our favorite holding period is forever.

Warren Buffet

Only when you combine sound intellect with emotional discipline, you get rational behavior.

Warren Buffet

Never invest in a business you can’t understand.

Warren Buffet

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn’t do any good to look at the cards.

Warren Buffet

In the short term, the market is a popularity contest. In the long term, the market is a weighing machine.

Warren Buffet

Risk can greatly be reduced by concentrating on only a few holdings.

Warren Buffet

The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.

Warren Buffet

Unless you can watch your stock holding decline 50% without becoming panic stricken, you should not be in the market.

Warren Buffet

As far as you are concerned, the stock market doesn’t exist; ignore it.

Warren Buffet

An investor should act as though he had a lifetime decision card with just twenty punches on it.

Warren Buffet

The important thing is to keep playing, to play against weak opponents and to play for big stakes.

Warren Buffet

The advice ‘you never go broke taking a profit’ is foolish.

Warren Buffet

“Turn arounds seldom turn.”

Warren Buffet

“Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.”

Warren Buffet

“All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.”

Warren Buffet

“The most important quality of an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”

Warren Buffet

“If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.”

Warren Buffet

A public-opinion poll is no substitute for thought.

Warren Buffet

Chains of habit are too light to be felt until they are too heavy to be broken.

Warren Buffet

I always knew I was going to be rich. I don’t think I ever doubted it for a minute.

Warren Buffet

I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.

Warren Buffet

I buy expensive suits. They just look cheap on me.

Warren Buffet

I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

Warren Buffet

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.

Warren Buffet

If a business does well, the stock eventually follows.

Warren Buffet

If past history was all there was to the game, the richest people would be librarians.

Warren Buffet

In the business world, the rear view mirror is always clearer than the windshield.

Warren Buffet

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.

Warren Buffet

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

Warren Buffet

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.

Warren Buffet

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Warren Buffet

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

Warren Buffet

For investors as a whole, returns decrease as motion increases.

Warren Buffet

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.

Warren Buffet

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

Warren Buffet

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

Warren Buffet

Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

Warren Buffet

Only when the tide goes out do you discover who’s been swimming naked.

Warren Buffet

Our favorite holding period is forever.

Warren Buffet

Price is what you pay. Value is what you get.

Warren Buffet

Risk comes from not knowing what you’re doing.

Warren Buffet

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Warren Buffet

Wall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway.

Warren Buffet

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

Warren Buffet

The investor of today does not profit from yesterday’s growth.

Warren Buffet

Nothing sedates rationality like large doses of effortless money.

Warren Buffet

The only time to buy these is on a day with no “y” in it.

Warren Buffet

There are all kinds of businesses that Charlie and I don’t understand, but that doesn’t cause us to stay up at night. It just means we go on to the next one, and that’s what the individual investor should do.

Warren Buffet

There seems to be some perverse human characteristic that likes to make easy things difficult.

Warren Buffet

Time is the friend of the wonderful company, the enemy of the mediocre.

Warren Buffet

Value is what you get.”

Warren Buffet

We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a romantic.

Warren Buffet

We don’t get paid for activity, just for being right. As to how long we’ll wait, we’ll wait indefinitely.

Warren Buffet

We enjoy the process far more than the proceeds.

Warren Buffet

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Warren Buffet

We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.

Warren Buffet

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.

Warren Buffet

Why not invest your assets in the companies you really like? As Mae West said, “Too much of a good thing can be wonderful”.

Warren Buffet

Wide diversification is only required when investors do not understand what they are doing.

Warren Buffet

You only have to do a very few things right in your life so long as you don’t do too many things wrong.

Warren Buffet

You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.

Warren Buffet

Never trust geeks bearing formulas.”

Warren Buffet

I’d be a bum on the street with a tin cup if the markets were efficient

Warren Buffet

I’ve seen more people fail because of liquor and leverage – leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.

Warren Buffet

Investing is simple, but not easy.

Warren Buffet

First, many in Wall Street – a community in which quality control is not prized – will sell investors anything they will buy.

Warren Buffet

The fact that people will be full of greed, fear or folly is predictable. The sequence is not predicatable.

Warren Buffet

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.

Warren Buffet

The stock market is a no-called-strike game. You don’t have to swing at everything- you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, “Swing, you bum!”

Warren Buffet

In a difficult business, no sooner is one problem solved than another surfaces – never is there just one cockroach in the kitchen.

Warren Buffet

Let us do or die.

Warren Buffet

I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

Warren Buffet

I don’t read economic forecasts. I don’t read the funny papers.

Warren Buffet

I look for businesses in which I think I can predict what they’re going to look like in ten to fifteen years time. Take Wrigley’s chewing gum. I don’t think the internet is going to change how people chew gum.

Warren Buffet

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn’t do any good to look at the cards.

Warren Buffet

My friends and I have been coddled long enough by a billionaire friendly Congress.

Warren Buffet