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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
Letters
Graham
Read
Phil
Annuals

More quotes by Warren Buffett

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Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
Warren Buffett
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As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
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The woman that comes in, takes the wastebasket away, she's paying 15.3 or whatever it is on payroll tax alone. I mean it is - I never had it so good.
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If you have a great manager, you want to pay him very well.
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Investing requires qualities of temperament way more than it requires qualities of intellect.
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I do not believe in inheriting your position in society based on which womb you come from... I think a rich person should leave his children enough so they can do anything, but not enough so they can do nothing.
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The greater the potential for reward in the value portfolio, the less risk there is.
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Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
Warren Buffett
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Buy into a company because you want to own it, not because you want the stock to go up.
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In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
Warren Buffett
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You should look at stocks as small pieces of business.
Warren Buffett
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If principles can become dated, they're not principles.
Warren Buffett
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Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Warren Buffett
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We would do best in a market where everyone acted foolishly.
Warren Buffett
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Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth.
Warren Buffett
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The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
Warren Buffett
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Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.
Warren Buffett
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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
Warren Buffett
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I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.
Warren Buffett