Quotes By Warren Buffett

Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.

Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

We're perfectly willing to trade away a big payoff for a certain payoff.

The smartest side to take in a bidding war is the losing side.

Investing is simple, but not easy.

Focus on your customers and lead your people as though their lives depend on your success.

Do not take yearly results too seriously. Instead, focus on four or five-year averages.

Gold has two significant shortcomings, being neither of much use nor procreative.

First come the innovators, then come the imitators, then come the idiots.

Ignore the stock market, ignore the economy, and buy a business you understand.

A public-opinion poll is no substitute for thought.

Always invest for the long term.

Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.

Only when you combine sound intellect with emotional discipline do you get rational behavior.