Quotes By Warren Buffett

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.

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

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.

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

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.

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.

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.

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

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.

Beware of geeks bearing formulas.

Let blockheads read what blockheads wrote.

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

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

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.

Value is what you get.

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

I always knew I was going to be rich. I don't think I ever doubted it for a minute.

Only when the tide goes out do you discover who's been swimming naked.

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

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