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Warren Buffett Quotes

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"I buy expensive suits. They just look cheap on me."

"Chains of habit are too light to be felt until they are too heavy to be broken."

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."

"The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body."

"Let us do or die."

"Let blockheads read what blockheads wrote."

"I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here."

"A public-opinion poll is no substitute for thought."

"Our favourite holding period is forever."
Business

"Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars."

"The first rule is not to lose. The second rule is not to forget the first rule."

"Risk comes from not knowing what you're doing."

"If past history was all there was to the game, the richest people would be librarians."

"I always knew I was going to be rich. I don't think I ever doubted it for a minute."

"If a business does well, the stock eventually follows."

"Our favorite holding period is forever."

"There seems to be some perverse human characteristic that likes to make easy things difficult."

"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

"Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised."

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