Warren Buffett Quotes

People always come up to me and ask what the next 'big short' will be. The truth is I simply do not have an answer, and do not want to have an answer, to this question.

Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.

Cheer the bull, or cheer the bear; cheer both, and you will be trampled and eaten.

The chief obstacle to success lies in the stubborn fact that if the favorable prospects of a concern are clearly apparent they are almost always reflected already in the current price of the stock. Buying such an issue is like betting on a topheavy favorite in a horse race. The chances may be on your side, but the real odds are against you.

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

If you really believe that every three years the market will double, then go and buy shares. I don't believe that.

Wall Street is always too biased toward short-term profitability and biased against long-term growth.

When good news about the market hits the front page of the New York Times, sell.

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

I really believe that you cannot use the stock market as a proxy for the economy.

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

Markets are unforgiving, and sometimes they move for reasons we can't possibly foresee.

I think any statement about stock prices is always suspect unless it's made by Warren Buffett.

Listen to market strategists, and a word that comes up a lot these days is 'volatility.'

If I've learned anything as an economic analyst, it is that the stock market and economic winds can shift by the hour.

Because everybody else was investing in the consumer Internet, I did, too.

I don't rely on off-shore tax havens, and I don't want to invest in stocks and shares as we have seen how volatile that game has been since the financial crash.

Too often, the public can fall into the trap of investing when stock prices are rising, not dropping.

What's hot today isn't likely to be hot tomorrow. The stock market reverts to fundamental returns over the long run. Don't follow the herd.

There is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game of chance.

More money is lost anticipating the changes in the overall stock market than any other way of investing.

Stocks are at an all-time high today. I don't have any money in the stock market. I don't have the stomach for the ups and downs. So about 20 years ago I put all of my money and liquid assets into videotape rewind machines.

An investment decision in the common stock of a company frequently involves a whole lot of factors interacting ... the one thing that causes the most trouble is when you combine a bunch of these together, you get this lollapalooza effect.

There is no moral difference between gambling at cards or in lotteries or on the race track and gambling in the stock market. One method is just pernicious to the body politic as the other kind.

If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.