Warren Buffett says

“Especially favourable future prospects were regarded by shrewd investors as something to look for but not to pay for”

—Warren Buffett

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Quotes on Investing Warren Buffett on Investing

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“My favourite holding period is forever”

—Warren Buffett

“Diversification is protection against ignorance. It makes little sense if you know what you are doing.”

—Warren Buffett

“Intensity is the price of excellence.”

—Warren Buffett

“The Great Bubble ended on March 10, 2000 (though we didn’t realize that fact until some months later). On that day, the NASDAQ (recently 1,731) hit its all-time high of 5,132. That same day, Berkshire shares traded at $40,800, their lowest price since mid-1997.”

—Warren Buffett

“Cash combined with courage in a time of crisis is priceless.”

—Warren Buffett

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

—Warren Buffett

“We will make bold rather than timid investment decisions where we see a sufficient probability of gaining market leadership advantages.”

“If you’re long-term oriented, customer interests and shareholder interests are aligned.”

“It is not greed that drives the world but envy.”

—Warren Buffett

“Life is like a snowball. The important thing is finding wet snow and a really long hill.”

—Warren Buffett

“Money is Like Cow Poop, it Does No Good Unless You Spread It Around”

—Warren Buffett

“What the wise man does in the beginning, the fool does in the end.”

—Warren Buffett

“My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent.”

“We trade real estate for technology (which gets cheaper and more capable every year).”

“Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.”

—Warren Buffett