If book knowledge made great investors, than the librarians would all be rich. — Warren Buffett Copy Share Image
When forced to choose, I will not trade even a night's sleep for the chance of extra profits. — Warren Buffett Copy Share Image
Investors should remember that excitement and expenses are their enemies. — Warren Buffett Copy Share Image
Wide diversification is only required when investors do not understand what they are doing. — Warren Buffett Copy Share Image
The most important quality for an investor is temperament, not intellect. — Warren Buffett Copy Share Image
An investor needs to do very few things right as long as he or she avoids big mistakes. — Warren Buffett Copy Share Image
We will reject interesting opportunities rather than over-leverage our balance sheet. — Warren Buffett Copy Share Image
First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will… — Warren Buffett Copy Share Image
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands… — Warren Buffett Copy Share Image
I am a better investor because I am a businessman, and a better businessman because I am no investor. — Warren Buffett Copy Share Image
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being… — Warren Buffett Copy Share Image
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results. — Warren Buffett Copy Share Image
Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. — 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
What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any… — 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
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing… — Warren Buffett Copy Share Image
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of… — Warren Buffett Copy Share Image
A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this… — Warren Buffett Copy Share Image
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the… — 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
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of… — Warren Buffett Copy Share Image
We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago,… — Warren Buffett Copy Share Image
There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service… — Warren Buffett Copy Share Image
There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine… — Warren Buffett Copy Share Image
The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not… — Warren Buffett Copy Share Image
If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock… — 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
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
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
We don't have to be smarter than the rest. We have to be more disciplined than the rest. — Warren Buffett Copy Share Image
Do not save what is left after spending, but spend what is left after saving. — Warren Buffett Copy Share Image
The greatest Enemies of the Equity investor are Expenses and Emotions. — Warren Buffett Copy Share Image
Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns… — 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
By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals. — Warren Buffett Copy Share Image
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down. — 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
