Warren Buffett

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.

Only when the tide goes out do you discover who's been swimming naked.

We need a moderately-priced stock market_ The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do. For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.

Never depend on single income. Make investment to create a second source.

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press

Price is what you pay. Value is what you get.

It takes 20 years to build a reputation and 5 minutes to ruin it.

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

If you don't find a way to make money while you sleep, you will work until you die.

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.

I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

There__ class warfare, all right, but it__ my class, the rich class, that__ making war, and we__e winning.

The difference between successful people and really successful people is that really successful people say no to almost everything.

Be Fearful When Others Are Greedy and Greedy When Others Are Fearful

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.

Risk comes from not knowing what you're doing