Warren Buffett says

“If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.”

—Warren Buffett

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Quotes on Investing Warren Buffett on Investing

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“If options aren't a form of compensation, what are they? If compensation isn't an expense, what is it? And, if expenses shouldn't go into the calculation of earnings, where in the world should they go?”

—Warren Buffett

“Our favorite holding period is forever. We are just the opposite of those who hurry to sell and book profits when companies perform well but who tenaciously hang on to businesses that disappoint. Peter Lynch aptly likens such behavior to cutting the flowers and watering the weeds.”

—Warren Buffett

“A small chance of distress or disgrace cannot, in our view, be offset by a large chance of extra returns.”

—Warren Buffett

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

—Warren Buffett

“Don't work for money, make money work for you.”

—Warren Buffett

“Any business plan won’t survive its first encounter with reality. The reality will always be different. It will never be the plan.”

“A good business is not always a good purchase - although it's a good place to look for one.”

—Warren Buffett

“Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.”

—Warren Buffett

“Can you imagine any public company embracing a business model that would lead to the decline in revenue that we experienced from 1986 through 1999?”

—Warren Buffett

“Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”

—Warren Buffett

“You do not need to be terrifically smart to do well as an investor at all.”

—Warren Buffett

“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

“For these investors, it would have been far better if Orville had failed to get off the ground at Kitty Hawk: The more the industry has grown, the worse the disaster for owners.”

—Warren Buffett

“Don’t ask the barber whether you need a haircut.”

—Warren Buffett

“I think that, every time you see the word EBITDA, you should substitute the words "bullshit earnings".”

—Charlie Munger