When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever. — Warren Buffett Copy Share Image
I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude. — Warren Buffett Copy Share Image
Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a… — 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
What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any… — Warren Buffett Copy Share Image
Investing is forgoing consumption now in order to have the ability to consume more at a later date. — Warren Buffett Copy Share Image
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You… — Warren Buffett Copy Share Image
I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated,… — Warren Buffett Copy Share Image
Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in… — Warren Buffett Copy Share Image
... but the important thing is that when you do find one where you really do know what you are doing, you… — Warren Buffett Copy Share Image
You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or… — Warren Buffett Copy Share Image
... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near… — Warren Buffett Copy Share Image
Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can… — Warren Buffett Copy Share Image
It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the… — Warren Buffett Copy Share Image
We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I… — 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
Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns… — Warren Buffett Copy Share Image
Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you. — Warren Buffett Copy Share Image
Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the… — Warren Buffett Copy Share Image
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. — Warren Buffett Copy Share Image
Consciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a… — Warren Buffett Copy Share Image
Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do… — Warren Buffett Copy Share Image
The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five… — Warren Buffett Copy Share Image
The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch. — Warren Buffett Copy Share Image
John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and… — Warren Buffett Copy Share Image
If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks… — Warren Buffett Copy Share Image
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results. — Warren Buffett Copy Share Image
If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes. — Warren Buffett Copy Share Image
Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or… — Warren Buffett Copy Share Image
Charlie and I have a number of filters that things have to get through before we'll think about them. — Warren Buffett Copy Share Image
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being… — Warren Buffett Copy Share Image
Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of… — Warren Buffett Copy Share Image
I am a better investor because I am a businessman, and a better businessman because I am no investor. — Warren Buffett Copy Share Image
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands… — Warren Buffett Copy Share Image
When forced to choose, I will not trade even a night's sleep for the chance of extra profits. — Warren Buffett Copy Share Image
Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised. — Warren Buffett Copy Share Image
We do not view the company itself as the ultimate owner of our business assets but instead view the company as a… — Warren Buffett Copy Share Image
You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause… — Warren Buffett Copy Share Image
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will… — 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
