Our favorite holding period is forever.
WARREN BUFFETTIn looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
More Warren Buffett Quotes
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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Stocks are the only thing that people are happy to buy when the price goes up.
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It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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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.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Other guys read Playboy. I read annual reports.
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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 stock market is designed to transfer money from the active to the patient.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
WARREN BUFFETT







