Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell. — 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 the worst mistake you can make in stocks is to buy or sell based on current headlines, — 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
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
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
When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever. — 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
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
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
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
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
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
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
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
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund… — Warren Buffett Copy Share Image
Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks… — Warren Buffett Copy Share Image
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that… — Warren Buffett Copy Share Image
The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get… — Warren Buffett Copy Share Image
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned… — Warren Buffett Copy Share Image
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this… — Warren Buffett Copy Share Image
Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos… — 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
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
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
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
Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's… — Warren Buffett Copy Share Image
With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want… — Warren Buffett Copy Share Image
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one… — 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
If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have… — 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
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is… — Warren Buffett Copy Share Image
My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc.,… — Warren Buffett Copy Share Image
If you invested in a very low cost index fund - where you don't put the money in at one time, but… — Warren Buffett Copy Share Image
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an… — Warren Buffett Copy Share Image
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I… — 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… — 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
