A public-opinion poll is no substitute for thought.
WARREN BUFFETTPrice is what you pay. Value is what you get.
More Warren Buffett Quotes
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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The most important investment you can make is in yourself.
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The dumbest reason in the world to buy a stock is because it’s going up.
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We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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The secret to happiness is having low expectations.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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I never invest in anything that I don’t understand.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
WARREN BUFFETT