Warren Buffett Quotes

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.

It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.

I think there's something to be said for developing the disposition to own stocks without fretting.

Owning equities is an essential part of anyone's portfolio. You just can't ignore it over time. It's going to add the real pop to anyone's overall performance.

But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.

The real key to making money in stocks is not to get scared out of them.

People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.

I had a few stocks, but stocks took a dive. I never sell my stocks.

Since we try and take a fairly buy-and-hold approach to our newsletter portfolios and don't sell at every whipsaw, we want to have a mix of stocks that will perform at both ends of the oscillation.

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

One has to divide Warren Buffet into different periods. There is a continuously evolving style of Warren Buffett.

The way to make money is to buy when blood is running in the streets.

We don't really look at the stock, you know? Because for us, it's about the long term. And so we're very much focused on long-term shareholder value but not the short-term kind of stuff.

People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.

Nothing is simpler than owning the stock market and holding it forever, and that's essentially the idea behind the index fund.

I think average investors should not trade a lot. The evidence is overpowering. The more you trade, the less you earn.

We call ourselves 'opportunistic value investors.'

Stock market goes up or down, and you can't adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.

Buy when there's blood in the streets, even if the blood is your own.

Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

The investor has a right to expect good results to flow from a consistent and courageous application of the principle of buying after the market has declined substantially and selling after it has had a spectacular rise. But he cannot expect to reduce this principle to a simple and foolproof formula, with profits guaranteed and no anxious periods.

Rip Van Winkle would be the ideal stock market investor: Rip could invest in the market before his nap and when he woke up 20 years later, he'd be happy. He would have been asleep through all the ups and downs in between. But few investors resemble Mr. Van Winkle. The more often an investor counts his money - or looks at the value of his mutual funds in the newspaper - the lower his risk tolerance.

My favorite time frame for holding a stock is forever.

If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.

Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market your game is to buy and hold until you believe that the bull market is near its end. To do this you must study general conditions and not tips or special factors affecting individual stocks.