Financial Wisdom Quotes

"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 true investor welcomes volatility" "Diversification is protection against ignorance. It makes little sense if you know what you are doing" "Time is the friend of the wonderful company, the enemy of the mediocre" "Our favorite holding period is forever" "The stock market is designed to transfer money from the Active to the Patient" "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1" "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price"