Warren Buffett Investment Quotations

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

In the business world, the rearview mirror is always clearer than the windshield.

The best investment you can make, is an investment in yourself...The more you learn, the more you'll earn.

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

Do not put all your eggs in one basket.

Activity is the enemy of investment returns.

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

I made my first investment at age eleven. I was wasting my life up until then.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

Benign neglect, bordering on sloth, remains the hallmark of our investment process.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.

... not doing what we love in the name of greed is very poor management of our lives.

With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock

Investment must be rational; if you can't understand it, don't do it.

Very successful people say no to almost everything.

Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

We make investment decisions based on our evaluation of the most profitable combination of probabilities.

Investment ideas, like women are often more exciting than punctual.

We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.

Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.

So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.

I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.

It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.

The best investment you can make is in yourself

Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.

You know ... you keep doing the same things and you keep getting the same result over and over again.

What the wise do in the beginning, fools do in the end.

The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.

Investors should remember that excitement and expenses are their enemies.

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.

The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.

In the world of business, the people who are most successful are those who are doing what they love.