Quotes By Warren Buffett

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

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

There seems to be some perverse human characteristic that likes to make easy things difficult.

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.

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

Risk is a part of God's game, alike for men and nations.

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

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.

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

It's never paid to bet against America. We come through things, but its not always a smooth ride.

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

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

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.

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

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.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.

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

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

The first rule is not to lose. The second rule is not to forget the first rule.

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

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

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

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

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.

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

We enjoy the process far more than the proceeds.

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