Quotes of All Topics . Occasions . Authors
It's class warfare, my class is winning, but they shouldn't be.
Tell me your heroes and I'll tell you how your life will end up
The three most important words in investing...Margin of Safety.
I don't read economic forecasts. I don't read the funny papers.
The ability to say no is a tremendous advantage for an investor.
There is no perfect mathematical formula for pricing a business.
Be fearful when there is greed and be greedy when there is fear.
Nothing sedates rationality like large doses of effortless money.
Never give up searching for the job that you're passionate about.
I think the FDIC was one of the great inventions of the American.
Success is having people love you that you want to have love you.
The Noah rule: Predicting rain doesn't count; building arks does.
It's better to build than to buy if you can find the right people.
Cultivate curiosity and strive to become a little wiser every day.
Be brave when others are afraid, and afraid when others are brave.
Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.
If you cannot control your emotions, you cannot control your money.
If knowing history made you rich, librarians would be billionaires.
Investment ideas, like women are often more exciting than punctual.
When the brothel burns down, even the pretty girls have to run out.
There is no substitute for a local newspaper that is doing its job.
It's a big mistake to try and mislead people. They will turn around.
Risk can be greatly reduced by concentrating on only a few holdings.
Honesty is a very expensive gift, Don't expect it from cheap people.
Continually challenge and be willing to amend your best loved ideas.
I think people - what people want to do is make [economy] get worse.
it's a good idea to review past mistakes before committing new ones.
Forecasts usually tell us more of the forecaster than of the forecast
Fear is the foe of the faddist, but the friend of the fundamentalist.
Either they're trying to con you or they're trying to con themselves.
Investment must be rational; if you can't understand it, don't do it.
You can't produce a baby in one month by getting nine women pregnant.
Diversification may preserve wealth, but concentration builds wealth.
When they get their ego involved, people do things they shouldn't do.
Your money can be inflated away but your knowledge and talent cannot.
You pay a very high price in the stock market for a cheery consensus.
You are neither right nor wrong because the crowd disagrees with you.
Only when the tide goes out do you discover who's been swimming naked.
A lot of people disagree with me on this, I believe in mark to market.
Energy deregulation will be the largest transfer of wealth in history.
The only way to be loved is to be loveable, which really irritates me.
No matter how great the talent or efforts, some things just take time.
You get in a lot of trouble when you start putting fictitious numbers.
It is more important to say "no" to an opportunity, than to say "yes".
What's nice about investing is you don't have to swing at every pitch.
You can lose leverage, and it's the only way a smart guy can go broke.
Money will not change how healthy you are or how many people love you.
The greatest Enemies of the Equity investor are Expenses and Emotions.
Buy stocks like you buy your groceries, not like you buy your perfume.
Well, it may be all right in practice, but it will never work in theory