Warren Buffett Quotes

A bull market is like sex. It feels best just before it ends.

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

Stocks are the only thing that people are happy to buy when the price goes up.

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature.

Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues.

If there's 10,000 people looking at the stocks and trying to pick winners, one in 10,000 is going to score, by chance alone, a great coup, and that's all that's going on. It's a game, it's a chance operation, and people think they are doing something purposeful... but they're really not.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

There is only one side of the market and it is not the bull side or the bear side, but the right side.

When the weather changes, nobody believes the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed.

The bubble, as investing phenomenon, has been well studied ever since the 17th-century tulip bulb frenzy. Its counterpart in bear markets is not well understood.

When the man who ought to want a stock doesn't want it, why should I want it?

I don’t know why the Stock Market does what it does.

We never know what the Street is going to do with the funky trading.

The correct attitude of the security analyst toward the stock market might well be that of a man toward his wife. He shouldn't pay too much attention to what the lady says, but he can't afford to ignore it entirely. That is pretty much the position that most of us find ourselves vis-à-vis the stock market.

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.

Facebook stock continues to plummet. People started selling once they found out their mom bought it too.

Stock prices aren't real things. They're just froth on a wave. The wave is the only real thing, which investors forget when they're watching the ticket slither by.

Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.

The good news is, the stock market is closed and it can't hurt us again until tomorrow.

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

You pay a very high price in the stock market for a cheery consensus.

Investors, most of them, have a herd mentality. They want to invest only if other people are investing

The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.

Nothing important on Wall Street can be counted on to occur exactly in the same way as it happened before.