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Investors Quotes by Warren Buffett

72 Investors quotes by Warren Buffett

All Investors quotes Warren Buffett’s page

Warren Buffett says the most important quality for an investor is temperament, not raw intellect. He advises saving first and then spending, and prefers low‑fee index funds that let ordinary people own the market. He also reminds us to buy at prices so attractive that even a modest sale can succeed.

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Do not save what is left after spending, but spend what is left after saving.

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The greatest Enemies of the Equity investor are Expenses and Emotions.

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Never invest in a business you can't understand

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We don't have to be smarter than the rest. We have to be more disciplined than the rest.

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The ability to say no is a tremendous advantage for an investor.

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An investor needs to do very few things right as long as he or she avoids big mistakes.

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We will reject interesting opportunities rather than over-leverage our balance sheet.

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If book knowledge made great investors, than the librarians would all be rich.

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At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through…

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An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if…

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The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.

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You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the…

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An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions…

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SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says…

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As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment…

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Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have…

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I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates…

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The American economy is going to do fine. But it won't do fine every year and every week and every month. I…

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If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on…

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So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose…

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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very…

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Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is…

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If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things.…

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The idea that you try to time purchases based on what you think business is going to do in the next year…

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The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper…

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The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group,…

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Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business…

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Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is…

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There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which]…

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The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that…

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Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't…

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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

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Investors should remember that excitement and expenses are their enemies.

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The most important quality for an investor is temperament, not intellect.

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

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A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very…

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If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary…

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By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

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Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.

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More by Warren Buffett

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…

“Be fearful when others are greedy, and be greedy when others are fearful.”

Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.

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…

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…

It is better to point out your own mistakes than have somebody else do it.

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…

I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…

The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…

The reaction of weak management to weak operations is often weak accounting.

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.

I don't measure my life by the money I've made. Other people might, but certainly don't.

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…

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…

Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…