Financial Wisdom Quotes

"The most important quality for an investor is temperament, not intellect" "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful" "There are people who have money and people who are rich." "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price" "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1" "The stock market is designed to transfer money from the Active to the Patient" "Our favorite holding period is forever" "Time is the friend of the wonderful company, the enemy of the mediocre" "Diversification is protection against ignorance. It makes little sense if you know what you are doing" "The true investor welcomes volatility" "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" "The more you know, the more you’ll earn" "The rich invest in time, the poor invest in money" "Price is what you pay. Value is what you get" "The main purpose of the stock market is to make fools of as many men as possible." "Nobody ever lost money taking a profit." "Don't try to buy at the bottom and sell at the top. It can't be done except by liars." "Seek wealth, not money or status" "The big money is not in the buying and selling, but in the waiting" "Legacy is greater than currency."