Risk comes from not knowing what you're doing.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Our favorite holding period is forever.
You only have to do a very few things right in your life so long as you don't do too many things wrong.
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.
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
The investor of today does not profit from yesterday's growth.
Time is the friend of the wonderful company, the enemy of the mediocre.
You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
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.
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
Stop spending your time; start investing your time.
So instead of investing your time in a passion, you’ve sold your life to work for an uncaring machine that doesn’t understand you. That’s the problem with our society. And what’s the reward? Go home and get a big TV.
When you invest your time, you make a goal and a decision of something that you want to accomplish. Whether it's make good grades in school, be a good athlete, be a good person, go down and do some community service and help somebody who's in need, whatever it is you choose to do, you're investing your time in that.
or simply:
