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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.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Money
Assumption
Years
Attempt
Make
Investing
Reopen
Never
Investment
Buffets
Market
Trading
Close
Profitable
Five
Investors
Next
Stock

More quotes by Warren Buffett

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We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
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Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
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The only time to buy these is on a day with no 'y' in it.
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The value of a business is the cash it's going to produce in the future.
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I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
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Sound investing can make you very wealthy if you're not in too big a hurry
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I know that Congress will do the right thing.
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If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
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We continue to make more money when snoring than when active.
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When the president of the United States goes out at, you know, 8:00 o'clock in the morning and then his own party votes gets him 2 to 1 in the house, you know that somehow a message isn't getting out. It takes real leadership.
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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.
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Remember that the stock market is manic-depressive.
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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.
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I think people - what people want to do is make [economy] get worse.
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We don't read other people's opinions. We want to get the facts, and then think.
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Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
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If the reason for doing something is that everyone else is doing it, it's not a good enough reason.
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A hyperactive stock market is the pickpocket of enterprise.
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Never give up searching for the job that you're passionate about.
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