1.
“Never in a company to invest, you can not understand.”
2.
Always to invest long term. “
3.
Buying a business, rent any supplies. “
4.
“Someone is sitting in the shade today because someone planted a tree has a long time ago.”
5.
“I like my life. I have my life so I do what I want.”
6.
“We can do it with your money than our own.
7.
“If you do not believe, at home to have something for 10 years, not over 10 minutes long.”
8.
“I am a better investor because I am a businessman and a better businessman because I am an investor.”
9.
“The price is what you pay for. The value is what you get.”
10.
“The stock market is the money for the active patients.”
11.
“Stop trying to predict which direction the stock market, the economy, interest rates, or elections.”
12.
“I’ve never tried to spend the money on the stock exchange. I on the assumption that the market the next day and not again for ten years.”
13.
“I do not skip over 7-foot bars I by 1-foot bars that I do not anymore.”
14.
“For whatever reason, people with their share price indices as values. What does not work is when you start to do things that you do not understand or they have in the past week for someone else. The reason dumb in the world for the purchase of a title because it is upward. “
15.
“We are not remunerated for the work, just about right. How long you wait, we wait.”
16.
“How Buffet in the speech:” It does not look projections quarterly results, it does not look in the next year’s revenue, it is not to think at this day of the week is not it not that the investment in research of any location, said that it is not interested in the development of price, volume or whatever. Just ask: What is the value of the company? “
17.
Purchase of companies with high profitability and the story with a predominance of openness. “
18.
“Most people interested in the stocks of all others. Time for yourself, if nobody else is. Can you not buy what is popular and easy to do.”
19.
If you ask him how it such a success in investing, Buffett answered: “We read hundreds of annual reports every year.”
20.
“When a management team with a brilliant reputation, a company in a bad economic fundamentals, is the reputation of the company, remains unaffected.”
21.
“. Only the seller of the shares in the near future should be happy that the stocks increase. The buyer should be much better prices.”
22.
“Diversification is a protection against ignorance. He is very little sense for those who know what they are doing.”
23.
“Wide diversification is only required when investors do not understand what they do. “
24.
“They are neither fair nor wrong because others agree with you. You are right because your facts are right and your reasoning is correct – that the only thing that you see on the right side. And if the facts and the arguments correctly is, you do not need to worry about someone else. “
25.
“It takes 20 years to build a reputation and five minutes to ruin it. If you believe that things are different.”
26.
“The first rule is not to lose. The second rule is not to forget the first rule.”
27.
“Only buy something that you are completely happy to hold if the market closed for 10 years.”
28.
“I will show you how rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”
29.
“Why invest your assets in which you really love? As Mae West said,” a good thing can be wonderful.
30.
“Our favorite holding period is forever.”
31.
“The danger is not knowing what you’re doing.”
32.
“Time is the friend of the beautiful, society, the enemy of mediocrity.”
33.
“Unless you can use your stock holding decline by 50% not worry, you should not be in the stock market.”
34.
“The critical investment is the intrinsic value of a company to pay or a reasonable price to negotiate.”
35.
“The investors who purchase in an overheated market need to recognize May often a long time, the value of even an outstanding company in terms of which they have paid.”
36.
“The risk can be significantly reduced by concentrating on a few farms.”
37.
“It is not necessary to do extraordinary things in order with excellent quality.”
38.
“An investor should normally be a small room an extraordinary business with the same tenacity that the owner exhibition, when they are connected to all these cases.”
39.
‘La Grande to present the opportunities for investment, if the companies are excellent, surrounded by exceptional circumstances, the reason for the stock misappraised “.
40.
“In the business world, the mirror is always clear that the windshield.”
41.
“If a company does well to follow the end of days.”
42.
‘Cash not happy, but it’s better, the money is burning a hole in your pocket Berkshire rest comfortably in another. “
43.
“A public opinion poll is no substitute for thinking.”
44.
“I never buy anything unless I can meet on a sheet of paper my reasons. May I am wrong, but I would like an answer to this question.” I’m paying $ 32 billion today for the company because Coca-Cola “. If you do not answer this question, you must not buy. If you have to answer that question, and you a few times you do a lot of money.”
45.
“The investor of today can not exploit the growth of yesterday.”
46.
“They have something to do, the things in your life, as long as you are not wrong things.”
47.
“It is better to buy a wonderful company at a reasonable price to a just society with a wonderful price.”
48.
“You should be able to explain why you work, you, you’re the reason why the investment you’re doing, or what ever May. And if he does not, a pencil, paper, you better think by some others. And if you can not write intelligent answer to these questions have not. “
49.
“If you look at the fluctuations of the market that your friend, not your enemy, profiting from the craziness does not participate.”
50.
“An investor will have very little, as long as he or she is a big mistake.”
51.
‘Much playback options “(On the way, the value of a company)

52.
“The investor of today can not exploit the growth of yesterday.”
53.
“Only when the tide can go swimming, the nude”.
54.
“The fact that people are full of greed, fear, love is to be expected. The consequence is not predictable.”
55.
“You do things when the opportunities. I had the time of my life, I had a number of ideas, and I’ve had long dry periods. If I give you an impression in the next week I will do something. If not, I do not damn much. “
56.
“Time is the friend of the beautiful, society, the enemy of mediocrity.”
57.
“I do not like the guilt and may not invest in companies that too many debts, especially the long-term liability. With the debt in the long term an increase in interest rates can significantly affect the profits of the company and the expected future cash flows.
58.
“We refuse chances as leverage on our balance sheet.”
59.
“I’ve always known that I am rich. I do not think ever doubted admits.”
60.
“Turnaround rarely round.”
61.
“If at the beginning, you reach stop trying on investment.”
62.
“I am unable to make my life by the money, what I have done. Other people may, but is not the case.”
63.
“Everyone in the stock exchanges and run your business so that most events occur that you are always there for the next day.”
64.
“You should not own any shares, when a decline of 50 percent of their value in a short period cause acute distress.”
65.
“With few exceptions, if a manager has the reputation of that luster is a company with a bad reputation of the economy, the reputation of the company, which remains unaffected.”
66.
“The schools in the category of conduct more complex than mere behavior, but behavior is more efficient.”
67.
“It is not to say that the guilt overwhelmed which is a legal person or a country. It is rather an increase in the debt relative to income, that the causes of evil.”
68.
“A great opportunity for investment if the company encounters a beautiful, very big, but problem to be solved.”
69.
“They have no protection in an adequate manner by a half awake when others sleep.”
70.
“We love buying companies, but we are not for sale.”
71.
“The money to a certain extent, sometimes, you’ll be in interesting environments. But they can not change how many people you like, or how you sound.”
72.
“We are pleased if the tractor gorse, or the blacksmith when the car comes.”
73.
“Enjoy your work and for whom you admire.”
74.
“With enough inside information and a million U.S. Dollar you broke in a year.”
75.
»Read Ben Graham and Phil Fisher read annual reports, but not equations with Greek letters in them.”
76.
“In a company, it is very difficult to be that smart dumb your competitors.”
77.
“A hyperactive stock market is pickpocket the company.”
78.
“Evaluation of a company is both an art and a science.”
79.
“Chains of habit, to be easier to make it too difficult to be broken.”