We enjoy the process far more than the proceeds.
— Warren Buffett
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 always knew I was going to be rich. I don't think I ever doubted it for a minute.
The first rule is not to lose. The second rule is not to forget the first rule.
A public-opinion poll is no substitute for thought.
I buy expensive suits. They just look cheap on me.
Someone is sitting in the shade today because someone planted a tree a long time ago.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
The investor of today does not profit from yesterday's growth.
There seems to be some perverse human characteristic that likes to make easy things difficult.
If past history was all there was to the game, the richest people would be librarians.
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
Let blockheads read what blockheads wrote.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
You only have to do a very few things right in your life so long as you don't do too many things wrong.
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
If a business does well, the stock eventually follows.
Risk comes from not knowing what you're doing.
Our favorite holding period is forever.
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
