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One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
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Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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I always invest in companies an idiot could run, because one day one will.
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I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
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The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
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If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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A Company should be viewed as an unfolding movie, not as a still photograph
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Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.
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The key to life is to figure out who to be the batboy for.
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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.
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Be brave when others are afraid, and afraid when others are brave.
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The first rule is not to lose. The second rule is not to forget the first rule.
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If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
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Banking is very good business if you don't do anything dumb.
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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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[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
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The best education you can get is investing in yourself, and that doesn't mean college or university.
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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.
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The greatest Enemies of the Equity investor are Expenses and Emotions.
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