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Buy stocks like you buy your groceries, not like you buy your perfume.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Stocks
Perfume
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Groceries

More quotes by Warren Buffett

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I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
Warren Buffett
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
Warren Buffett
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Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses
Warren Buffett
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It's better to build than to buy if you can find the right people.
Warren Buffett
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We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.
Warren Buffett
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It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
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You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
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I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
Warren Buffett
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I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
Warren Buffett
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Be brave when others are afraid, and afraid when others are brave.
Warren Buffett
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If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
Warren Buffett
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Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.
Warren Buffett
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Investing is simple, but not easy.
Warren Buffett
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If I subscribed to the efficient market theory I would still be delivering papers
Warren Buffett
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If you have a great manager, you want to pay him very well.
Warren Buffett
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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Warren Buffett
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Do what you love and work for whom you admire the most, and you've given yourself the best chance in life you can.
Warren Buffett
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The ability to say no is a tremendous advantage for an investor.
Warren Buffett
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If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
Warren Buffett
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Wild swings in share prices have more to do with the lemming- like behaviour of institutional investors than with the aggregate returns of the company they own.
Warren Buffett