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Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Annual
Equations
Reports
Greek
Investing
Fisher
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Graham
Read
Phil
Annuals

More quotes by Warren Buffett

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My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.
Warren Buffett
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Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.
Warren Buffett
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Energy deregulation will be the largest transfer of wealth in history.
Warren Buffett
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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.
Warren Buffett
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Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
Warren Buffett
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In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
Warren Buffett
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They say the chains of habit are too light to be felt until they are too heavy to be broken. The chains you put around yourself now have enormous consequences as you go through life.
Warren Buffett
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Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.
Warren Buffett
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
Warren Buffett
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The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.
Warren Buffett
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If you have a harem of 40 women, you never get to know any of them very well.
Warren Buffett
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The American worker is more productive than he's ever been.
Warren Buffett
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It's the deleveraging that's going on right now that has caused the credit crisis.
Warren Buffett
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You need a lot of curiosity for a long, long time.
Warren Buffett
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If you don't know jewelry, know the jeweler.
Warren Buffett
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The single most important decision in evaluating a business is pricing power.
Warren Buffett
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Returns decrease as motion increases.
Warren Buffett
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Investing is simple, but not easy.
Warren Buffett
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The best investment you can make is in yourself.
Warren Buffett
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I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.
Warren Buffett