The dumbest reason in the world to buy a stock is because it's going up. — Warren Buffett Copy Share Image
An investor should act as though he had a lifetime decision card with just twenty punches on it. — Warren Buffett Copy Share Image
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. — Warren Buffett Copy Share Image
Risk can be greatly reduced by concentrating on only a few holdings. — Warren Buffett Copy Share Image
The stockmarket is a semi-psychotic creature given to extremes of elation and despair. — Warren Buffett Copy Share Image
I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth. — Warren Buffett Copy Share Image
I view derivatives as time bombs, both for the parties that deal in them and the economic system. — Warren Buffett Copy Share Image
As far as you are concerned, the stock market does not exist. Ignore it. — Warren Buffett Copy Share Image
I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like… — Warren Buffett Copy Share Image
If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together… — Warren Buffett Copy Share Image
I don't want to be on the other side of the table from the customer. I was never selling anything that I… — Warren Buffett Copy Share Image
An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions… — Warren Buffett Copy Share Image
Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should… — Warren Buffett Copy Share Image
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With… — Warren Buffett Copy Share Image
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment… — Warren Buffett Copy Share Image
People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it… — Warren Buffett Copy Share Image
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things.… — Warren Buffett Copy Share Image
It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market… — Warren Buffett Copy Share Image
An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait… — Warren Buffett Copy Share Image
Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws… — Warren Buffett Copy Share Image
There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which]… — Warren Buffett Copy Share Image
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that… — Warren Buffett Copy Share Image
[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take… — Warren Buffett Copy Share Image
We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will… — Warren Buffett Copy Share Image
What's nice about investing is you don't have to swing at every pitch. — Warren Buffett Copy Share Image
Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper. — Warren Buffett Copy Share Image
An investor needs to do very few things right as long as he or she avoids big mistakes. — Warren Buffett Copy Share Image
Possessing a powerful worldwide brand is essential for sustained success. — Warren Buffett Copy Share Image
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year. — Warren Buffett Copy Share Image
We have long felt that the only value of stock forecasters is to make fortune-tellers look good. — Warren Buffett Copy Share Image
Buy stocks like you buy your groceries, not like you buy your perfume. — Warren Buffett Copy Share Image
We will reject interesting opportunities rather than over-leverage our balance sheet. — Warren Buffett Copy Share Image
Diversification is protection against ignorance. It makes little sense if you know what you are doing. — Warren Buffett Copy Share Image
Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk. — Warren Buffett Copy Share Image
I think the worst mistake you can make in stocks is to buy or sell based on current headlines, — Warren Buffett Copy Share Image
Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they… — Warren Buffett Copy Share Image
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell. — Warren Buffett Copy Share Image
It's the deleveraging that's going on right now that has caused the credit crisis. — Warren Buffett Copy Share Image
Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing. — Warren Buffett Copy Share Image
Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett Copy Share Image
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual… — Warren Buffett Copy Share
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share
We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are… — Warren Buffett Copy Share
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the… — Warren Buffett Copy Share
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share
I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're… — Warren Buffett Copy Share
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to… — Warren Buffett Copy Share
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to… — Warren Buffett Copy Share
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share
What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it. — Warren Buffett Copy Share
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've… — Warren Buffett Copy Share
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the… — Warren Buffett Copy Share
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate… — Warren Buffett Copy Share
![“There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive…” quote by Warren Buffett](https://sms4smile.com/q/img-quotes/72f/warren-buffett-183_advantage_there-are-three-important-principles-to_784492.jpg)
![“[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of…” quote by Warren Buffett](https://sms4smile.com/q/img-quotes/cf1/warren-buffett-183_care_people-have-seen-the-credit-market-seize_628648.png)
