Warren Buffett Quotes

Intensity is the price of excellence.

You couldn't advance in a finance department in this country unless you taught that the world was flat.

Derivatives are financial weapons of mass destruction.

Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.

Buy stock in a business that's so good that an idiot can run it, because sooner or later one will.

Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.

The key is having more information than the other guy – then analysing it right and using it rationally.