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
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
Do not save what is left after spending, but spend what is left after saving. — 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
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
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have… — Warren Buffett Copy Share Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates… — Warren Buffett Copy Share Image
Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is… — Warren Buffett Copy Share Image
So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose… — 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
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things… — Warren Buffett Copy Share Image
If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things.… — 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
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that… — 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
The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses. — Warren Buffett Copy Share Image
SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says… — 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
There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which]… — 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
We will reject interesting opportunities rather than over-leverage our balance sheet. — Warren Buffett Copy Share Image
If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on… — Warren Buffett Copy Share Image
Wide diversification is only required when investors do not understand what they are doing. — 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
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
