Warren Buffett Quotes

What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know. "The genius of Warren Buffett in 23 quotes" MarketWatch (19 August 2015)

as happens in Wall Street all too often, what the wise do in the beginning, fools do in the end.

Of course, a business with terrific economics can be a bad investment if the purchase price is excessive.

The less the prudence with which others conduct their affairs, the greater the prudence with which we must conduct our own.

Losing some money is an inevitable part of investing and there is nothing you can do to prevent it.

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

Reliance Insurance and Home Insurance were run into the ground, for example, their promises proved to be worthless.

It's class warfare. My class is winning, but they shouldn't be.

Love is the greatest advantage a parent can give.

Can you imagine any public company embracing a business model that would lead to the decline in revenue that we experienced from 1986 through 1999?

If you invested in a low-cost index fund — where you don't put the money in at one time, but average in over 10 years — you'll do better than 90% of people who start investing at the same time.

In fact, when Warren Buffett was once asked about the key to success, he pointed to a stack of nearby books and said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.

For investors as a whole, returns decrease as motion increases.

Our goal will be to acquire either part or all of businesses that we believe we understand, that have good, sustainable underlying economics, and that are run by managers whom we like, admire and trust.

It is madness to risk losing what you need in pursuing what you simply desire.