Warren Buffett Quotes

I consider each business investment based on concept and revenue.

Much like Warren Buffett has said very famously - he doesn't buy technology stocks because he doesn't understand them- I will not buy consumer goods companies because I do not understand them.

We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.

Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people who like to watch the locomotive coming and get run down in the name of discipline.

The very first stock I bought right out of college was Berkshire Hathaway.

In tennis, you strike a ball just after the rebound for the fastest return. It's the same with investment.

I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.

When the opportunities come, we may not want to buy another nickel asset, but if something comes cheap enough, we're all about return on equity.

It's easy to buy. Prove that you bought at the right time and the right price.

A constant in my approach to investing: You should think politically but unconventionally.

The key to making money in angel investing is saying no. You meet with 100 companies and say no to 99 of them.

When buying shares, ask yourself, would you buy the whole company?

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

I've never met him, but I love the simplicity with which Warren Buffett describes good and bad businesses and how he makes his investment decisions.

Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.

If you can't find any companies that you think are attractive, put your money in the bank until you discover some.

I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.

I don't think you should invest in commodities. Eddie Murphy made it seem risky in Trading Places.

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

For those properly prepared, the bear market is not only a calamity but an opportunity.

You must never delude yourself into thinking that you're investing when you're speculating.

At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.

We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to declare this approach is as fallacious as it is popular.

Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.