Warren Buffett Quotes

"An educational approach to money and investing struck me as a very good idea. People do form behavior habits very young on matters of money. I get calls every day from people who are in a financial hole."

"Let us do or die."

"I buy expensive suits. They just look cheap on me."

"Right now, the rest of the world owns $3 trillion US more of us than we own of them."

"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."

"A public-opinion poll is no substitute for thought."

"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."

"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."

"Chains of habit are too light to be felt until they are too heavy to be broken."

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

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

"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."

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

"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."

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

"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."

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

"Time is the friend of the wonderful company, the enemy of the mediocre."

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