The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

The dumbest reason in the world to buy a stock is because it's going up.

Investing is laying out money now to get more money back in the future.

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.

You're working because you want to change the world. You want to make it better. Why isn't the company that you work for, worthy not just of your time but your money as well? I mean, but we don't have a concept of that. That's not how we think about companies, and I think it's sad, because companies are most of our effort. They're where most of people's time is, where a lot of the money is, and so I think I'd like for us to help out more than we are.