Buy stocks like you buy your groceries, not like you buy your perfume. — 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
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
I think the worst mistake you can make in stocks is to buy or sell based on current headlines, — 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
Equities will do well over time - you just have to avoid getting excited when other people are getting excited. — Warren Buffett Copy Share Image
Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very… — Warren Buffett Copy Share Image
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will… — Warren Buffett Copy Share Image
A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about… — Warren Buffett Copy Share Image
There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night.… — Warren Buffett Copy Share Image
When 40 billion of treasury bills are sold like, seven day treasury bills, at a yield of 1/20th of one percent, that… — Warren Buffett Copy Share Image
No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics… — Warren Buffett Copy Share Image
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained… — Warren Buffett Copy Share Image
An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices… — Warren Buffett Copy Share Image
I don't want to give a lecture to this body that's out there. You know, I mean, having had the heart attack,… — Warren Buffett Copy Share Image
I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I… — Warren Buffett Copy Share Image
You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an… — Warren Buffett Copy Share Image
If you understood a business perfectly and the future of the business, you would need very little in the way of a… — 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
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at… — Warren Buffett Copy Share Image
If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there… — Warren Buffett Copy Share Image
The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want… — Warren Buffett Copy Share Image
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the… — Warren Buffett Copy Share Image
Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns. — Warren Buffett Copy Share Image
A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very… — Warren Buffett Copy Share Image
All there is to investing is picking good stocks at good times and staying with them as long as they remain good… — Warren Buffett Copy Share Image
Ignore the stock market, ignore the economy, and buy a business you understand. — Warren Buffett Copy Share Image
Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can… — Warren Buffett Copy Share Image
Investment must be rational; if you can't understand it, don't do it. — Warren Buffett Copy Share Image
Investing requires qualities of temperament way more than it requires qualities of intellect. — Warren Buffett Copy Share Image
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals. — Warren Buffett Copy Share Image
What's going to happen - things we're doing are going to have some inflationary consequences. — Warren Buffett Copy Share Image
Focus on your customers and lead your people as though their lives depend on your success. — 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
An investor should act as though he had a lifetime decision card with just twenty punches on it. — 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
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 Image
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share Image
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share Image
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 Image
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 Image
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share Image
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 Image
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 Image
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 Image
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share Image
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 Image
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share Image