Warren Buffett Quotes

There is very little difference between speculation and investment. The only difference is basically that investments are successful speculations because if you successfully anticipate the future you make a speculative profit.

To have a true investment, there must be a true margin of safety. And a true margin of safety is one that can be demonstrated by figures, by persuasive reasoning, and by reference to a body of actual experience.

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

Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?

You don't get rewarded for taking risk; you get rewarded for buying cheap assets. And if the assets you bought got pushed up in price simply because they were risky, then you are not going to be rewarded for taking a risk; you are going to be punished for it.

We want to be a secure investment, a little bit like a bond.

I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble.

In the investment business, you must expect to be wrong.

I'm going to reveal the grand secret to getting rich by investing. It's a simple formula that has worked for Warren Buffett, Carl Icahn and all the greatest investment gurus over the years. Ready? Buy low, sell high.

Well, there's always risk in long-term investment.

It is a tenet of my investment style that, on the subject of common stock investment, maximizing the upside means first and foremost minimizing the downside. The deleterious effect of permanent capital loss on portfolio returns cannot be overstated.

Never put your savings in risky investments. Only disposable income should find its way there.

Invest your money safely. Avoid the risky lure of spectacular returns; go for an investment that cannot lose its value. This is why I have put all my spare cash into buying not shares, but thousands of penny chews.

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.

Regardless of what happens in the markets, stick to your investment program. Changing your strategy at the wrong time can be the single most devastating mistake you can make as an investor.

The consequences of overestimating a company and your ability to analyse it are greatly diminished when you're paying a lot less for it than your analysis shows it is worth.

In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?

There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments.

Thousands of people have tried, and the evidence is clear: The more you trade, the less you keep.

The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.

You have to keep your priorities straight if you plan to do well in stocks.

Mutual funds are an overrated investment heavily promoted by Wall Street.

Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).