Wide diversification is only required when investors do not understand what they are doing. — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. — Warren Buffett Copy Share Image
Stocks are the only thing that people are happy to buy when the price goes up. — Warren Buffett Copy Share Image
Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett Copy Share Image
There is no staff. I make all the investment decisions and I do all my own analysis. — 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
We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we… — 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
If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in… — Warren Buffett Copy Share Image
“If you aren't thinking about owning a stock for ten years, don't even think about owning it for ten minutes.” — Warren Buffett Copy Share Image
Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them. — Warren Buffett Copy Share Image
A very rich person should leave his kids enough to do anything, but not enough to do nothing. — Warren Buffett Copy Share Image
The important thing is to keep playing, to play against weak opponents and to play for big stakes. — 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
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
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
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
The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to… — Warren Buffett Copy Share Image
In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone… — Warren Buffett Copy Share Image
Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of… — Warren Buffett Copy Share Image
Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our… — Warren Buffett Copy Share Image
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own… — Warren Buffett Copy Share Image
What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief… — Warren Buffett Copy Share Image
More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of… — Warren Buffett Copy Share Image
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market… — Warren Buffett Copy Share Image
Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't… — 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
It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own… — 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
![“[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/62b/warren-buffett-183_amount_w-e-think-the-very-term-value-investing_1594487.jpg)
