Warren Buffett Quotes

1. I always knew I was going to be rich. I don't think I ever doubted it for a minute.

2. I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

3. 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.

4. If a business does well, the stock eventually follows.

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

6. In the business world, the rearview mirror is always clearer than the windshield.

7. It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

8. 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.

9. It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

10. Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

11. Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

12. Our favorite holding period is forever.

13. Price is what you pay. Value is what you get.

14. Risk comes from not knowing what you're doing.

15. Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

16. Someone's sitting in the shade today because someone planted a tree a long time ago.

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

18. The only time to buy these is on a day with no "y" in it.

19. When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

20. Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".

21. Wide diversification is only required when investors do not understand what they are doing.

22. You only have to do a very few things right in your life so long as you don't do too many things wrong.

23. Your premium brand had better be delivering something special, or it's not going to get the business.