The dumbest reason in the world to buy a stock is because it's going up. — Warren Buffett Copy Share Image
Investing is laying out money now to get more money back in the future. — Warren Buffett Copy Share Image
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. — 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
Risk can be greatly reduced by concentrating on only a few holdings. — 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
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
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities,… — Warren Buffett Copy Share Image
The active investors will have their returns diminished by a far greater percentage than will their inactive brethren. That means that the… — Warren Buffett Copy Share Image
Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you… — Warren Buffett Copy Share Image
I always say that in investing you want to buy stock in a company that has a business that's so good that… — Warren Buffett Copy Share Image
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for… — Warren Buffett Copy Share Image
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary… — Warren Buffett Copy Share Image
We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached… — Warren Buffett Copy Share Image
None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach… — Warren Buffett Copy Share Image
The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently… — Warren Buffett Copy Share Image
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial… — Warren Buffett Copy Share Image
Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know,… — Warren Buffett Copy Share Image
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of… — 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… — Warren Buffett Copy Share Image
My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as… — Warren Buffett Copy Share Image
The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on… — 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
What's going to happen - things we're doing are going to have some inflationary consequences. — 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
Investing requires qualities of temperament way more than it requires qualities of intellect. — Warren Buffett Copy Share Image
Lethargy, bordering on sloth should remain the cornerstone of an investment style. — Warren Buffett Copy Share Image
Wall Street makes its money on activity. You make your money on inactivity. — Warren Buffett Copy Share Image
When Berkshire buys common stock, we approach the transaction as if we were buying into a private business. — Warren Buffett Copy Share Image
The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient. — 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
![“We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.” quote by Warren Buffett](https://sms4smile.com/quotes/i/315/warren-buffett-183_binge_we-still-find-very-few-stocks-that-even_1496974.png)
