A public-opinion poll is no substitute for thought. 
Warren Buffett 

Beware of geeks bearing formulas. 
Warren Buffett 

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

Derivatives are financial weapons of mass destruction. 
Warren Buffett 

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

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. 
Warren Buffett 

I buy expensive suits. They just look cheap on me. 
Warren Buffett 

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

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. 
Warren Buffett 

If a business does well, the stock eventually follows. 
Warren Buffett 

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

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

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. 
Warren Buffett 

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. 
Warren Buffett 

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

Let blockheads read what blockheads wrote. 
Warren Buffett 

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

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars. 
Warren Buffett 

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

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

Our favorite holding period is forever. 
Warren Buffett 

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

Risk comes from not knowing what you're doing. 
Warren Buffett 

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

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

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. 
Warren Buffett 

Someone's sitting in the shade today because someone planted a tree a long time ago. 
Warren Buffett 

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective. 
Warren Buffett 

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

The investor of today does not profit from yesterday's growth. 
Warren Buffett 

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

The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body. 
Warren Buffett 

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

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

Value is what you get. 
Warren Buffett 

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

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.' 
Warren Buffett 

We enjoy the process far more than the proceeds. 
Warren Buffett 

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

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. 
Warren Buffett

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

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

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

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. 
Warren Buffett 

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

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