Someone is sitting in the shade today because someone planted a tree a long time ago. Read Summary
Price is what you pay. Value is what you get. Read Summary
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. Read Summary
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. Read Summary
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. Read Summary
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. Read Summary
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction. Read Summary
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. Read Summary
You only have to do a very few things right in your life so long as you don't do too many things wrong. Read Summary
Derivatives are financial weapons of mass destruction. Read Summary
A public-opinion poll is no substitute for thought. Read Summary
When you combine ignorance and leverage, you get some pretty interesting results. Read Summary
Your premium brand had better be delivering something special, or it's not going to get the business. Read Summary
The investor of today does not profit from yesterday's growth. Read Summary
If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster. Read Summary
We always live in an uncertain world. What is certain is that the United States will go forward over time. Read Summary
Let blockheads read what blockheads wrote. Read Summary
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. Read Summary
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars. Read Summary
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Read Summary