If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes. — Warren Buffett Copy Share Image
A single year's performance is of minor importance and, good or bad, should never be taken seriously. — Warren Buffett Copy Share Image
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. — Warren Buffett Copy Share Image
I have always cautioned partners that I considered three years a minimum in determining whether we were "performing". — Warren Buffett Copy Share Image
I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that. — Warren Buffett Copy Share Image
With enough insider information and a million dollars, you can go broke in a year. — Warren Buffett Copy Share Image
We have a country where I don't know whether it's a million households a year or more, but good form. — Warren Buffett Copy Share Image
You can be sure that over the next 10 years, you'll see something that you did not think was possible. — Warren Buffett Copy Share Image
It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them. — Warren Buffett Copy Share Image
The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five… — Warren Buffett Copy Share Image
Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied… — Warren Buffett Copy Share Image
Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others,… — Warren Buffett Copy Share Image
When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year. — Warren Buffett Copy Share Image
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's… — Warren Buffett Copy Share Image
The latter qualification brings to mind a fellow who applied for a job and stated he had twenty years of experience-which was… — 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
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
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous. ...So we… — Warren Buffett Copy Share Image
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear… — Warren Buffett Copy Share Image
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more… — 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
I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has… — Warren Buffett Copy Share Image
Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth… — Warren Buffett Copy Share Image
I've already written a section in the annual report for next year explaining why I think in one case that the figures… — 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
The idea that you try to time purchases based on what you think business is going to do in the next year… — Warren Buffett Copy Share Image
It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income… — 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
Do not take yearly results too seriously. Instead, focus on four or five-year averages. — Warren Buffett Copy Share Image
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes. — 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
I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years… — Warren Buffett Copy Share Image
If you want your business to survive for 100 years, you've got to make it through every single day for 100 years.… — Warren Buffett Copy Share Image
If you own the only newspaper in town, up until the last five years or so, you have pricing power and you… — Warren Buffett Copy Share Image
I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try… — Warren Buffett Copy Share Image
Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have… — Warren Buffett Copy Share Image
I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so… — Warren Buffett Copy Share Image
If I knew where I was going to want to live the next five or 10 years I would buy a home… — Warren Buffett Copy Share Image
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business… — 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
![“Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/7f2/warren-buffett-183_bills_mark-zuckerberg-will-be-a-hero-to-many-y_1946202.jpg)
![“[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/a2a/warren-buffett-183_amount_the-u-s-treasury-can-borrow-basically-un_2051464.jpg)
![“Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/6fd/warren-buffett-183_average_just-look-at-that-forbes-400-takes-a-bil_1970232.jpg)
