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

People will always try to stop you from doing the right thing if it is unconventional.

Don't settle for anything other than your passion - if you're lucky enough to find it.

You should invest in a business that even a fool can run, because someday a fool will.

The stockmarket is a semi-psychotic creature given to extremes of elation and despair.

It's just that right now the athlete's on the floor. But we - this is a super athlete.

I look at everything. That's my job. I really do, every day. I think about everything.

If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.

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

Problems in a company are like cockroaches in the kitchen. You will never find just one

An investor needs to do very few things right as long as he or she avoids big mistakes.

Buy into a company because you want to own it, not because you want the stock to go up.

Life is like a snowball. The important thing is finding wet snow and a really long hill.

Basically, the single-most important decision in evaluating a business is pricing power.

I don't measure my life by the money I've made. Other people might, but certainly don't.

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

If you buy the things you don't need, you will soon be selling the things that you need.

Money will always flow toward opportunity, and there is an abundance of that in America.

It's good to learn from your mistakes. It's better to learn from other people's mistakes.

If you can eliminate the government as a 39.6% partner, then you will be much better off.

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.

You could be somewhere where the mail was delayed three weeks and do just fine investing.

It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

Read 500 pages every day. That's how knowledge works. It builds up like compound interest.

I'm happy when I can spend every day doing the things that I like to do. That's my luxury.

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

Do what you would do for free, having passion for what you do is the most important thing.

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

If you are a professional and have confidence, then I would advocate lots of concentration.

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

If you can tell me who your heroes are, I can tell you how you're going to turn out in life.

Focus alone is not enough; putting in the time to commit is also crucial to achieve success.

Buy companies with strong histories of profitability and with a dominant business franchise.

He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.

When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

Investing requires qualities of temperament way more than it requires qualities of intellect.

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

What's going to happen - things we're doing are going to have some inflationary consequences.

A very rich person should leave his kids enough to do anything, but not enough to do nothing.

Take the job you would take if you were independently wealthy. You're going to do well at it.

I would say the biggest single cause was we had an incredible residential real estate bubble.

Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.

I measure success by how many people love me. And the best way to be loved is to be lo veable.

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

If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.

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

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

We've actually been pretty good on exports. I mean we are exporting 12% of our GDP now roughly.

The best asset is your own self. You can become to an enormous degree the person you want to be

Share This Page