Quotes By Warren Buffett

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

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.

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

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

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

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

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

A public-opinion poll is no substitute for thought.

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

When you combine ignorance and leverage, you get some pretty interesting results.

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

Risk comes from not knowing what you're doing.

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.

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

Derivatives are financial weapons of mass destruction.

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

We always live in an uncertain world. What is certain is that the United States will go forward over time.

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

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.

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.

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

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

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.

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

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.

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

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

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

If a business does well, the stock eventually follows.