Warren Buffett Quotes

There is a time to make money and a time to not lose money.

It is madness to make fortune the mistress of events, because by herself she is nothing and is ruled by prudence.

I haven't been as wild with my money as somebody like me might have been. I've been very safe, very conservative with investments. I don't blow money. I don't have a ton of houses. I know things can go away. I've already had that experience.

I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.

Ultimately the clothing company is a large investment on my part, and I'm taking a huge gamble. But having a focus away from the track is good for you.

One should never risk one's whole fortune unless supported by one's entire forces.

That cotton trade was almost the deal breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?

The beauty of a financial institution is that there are a lot of ways to go to hell in a bucket. You can push credit too far, do a dumb acquisition, leverage yourself excessively - it's not just derivatives [that can bring about your downfall].

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

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).

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

I am very conservative. I don't invest in anything that is risky. If someone comes to me with a project idea, I let them risk their money, not mine.

I invested, and I protected myself, so I enjoy that freedom.

Finance, like time, devours its own children.

We've always been modestly leveraged, and we've never believed in a great deal of leverage on either our private equity business or on our investment banking business. And I think it really goes back to my uncle and dad growing up in the Depression and just seeing what happened to people who were overly levered.

We owe something to extravagance, for thrift and adventure seldom go hand in hand.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

It's 85 million dollars and they got to be really careful because they are going to need me.

The way to become rich is to put all your eggs in one basket and then watch that basket.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

One day we are a hero, another day we are a zero. Without me, Cardiff would have gone bust. Because of my investment, we got promoted.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

If my businesses or my investments are not profitable, then I don't eat. And I like to eat.