Warren Buffett Quotes (80 Quotes)

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

If something is not worth doing at all, its not worth doing well.

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.

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

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

Two rules 1. Preserve the principal 2. When in doubt see Rule 1.

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

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.

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

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

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 policies that we're following are likely to lead to a weaker dollar over a long period of years. It's not a forecast for next week, or next month or even next year.

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

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

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

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

Value is what you get.

Derivatives are financial weapons of mass destruction.

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.

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

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

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

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

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

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.

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

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.

I think it is a marvelous way to keep directors' interests and shareholders interests as closely aligned as possible, with both an upside and a downside component. Too often, people talk about interests being aligned when the directors get the upside and shareholders get the downside.

Berkshire's board has fully discussed each of the three CEO candidates and has unanimously agreed on the person who should succeed me if a replacement were needed today.