Warren Buffett Quotes

"Be fearful when others are greedy and greedy when others are fearful" "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful" "Price is what you pay; value is what you get" "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1" "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" "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful" "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" "Price is what you pay. Value is what you get" "Warren and I have skills that could easily be taught to other people. In fact, some people are using them already. But they tend to be uncommon skills" "Warren Buffett told me once and one of the rare times by the way he ever advised me directly that it's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."