Warren Buffett Quotes

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.

I want to be able to explain my mistakes. This means I do only the things I completely understand.

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

You know ... you keep doing the same things and you keep getting the same result over and over again.

Stop trying to predict the direction of the stock market, the economy or elections.

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

Be fearful when the markets get greedy, be greedy when the markets get fearful.

In the world of business, the people who are most successful are those who are doing what they love.

Be brave when others are afraid, and afraid when others are brave.

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

The wise man once said invest young

People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

You should invest like a Catholic marries: for life.

Do what you would do for free, having passion for what you do is the most important thing.

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

Forecasts usually tell us more of the forecaster than of the forecast

It is not necessary to do extraordinary things to get extraordinary results.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

I buy expensive suits - they just look cheap on me.

Our favorite holding period is forever.

The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

Investment ideas, like women are often more exciting than punctual.

Investing is laying out money now to get more money back in the future.

The trick is, when there is nothing to do, do nothing.

The Noah rule: Predicting rain doesn't count; building arks does.

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

All I have to do is think and not be influenced by others.

I like to buy things I can understand. I do a lot of research on things.

It irritates the hell out of me but you can't buy love.

A stock doesn't know that you own it.

I don't measure my life by the money I've made. Other people might, but certainly don't.

A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

Never give up searching for the job that you're passionate about.

The best thing I did was choose the right heroes.

I made my first investment at age eleven. I was wasting my life up until then.

If you buy the things you don't need, you will soon be selling the things that you need.

If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.

If past history was all there was to the game, the richest people would be librarians.

The investor of today does not profit from yesterday's growth.

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

You can lose leverage, and it's the only way a smart guy can go broke.

My wealth has come from a combination of living in America, some lucky genes, and compound interest.

The best investment you can make is in yourself.

Take the high road; it's far less crowded.

Focus on your customers and lead your people as though their lives depend on your success.