Warren Buffett says

“The only time to buy these is on a day with no 'y' in it.”

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“It takes character to sit with all that cash and to do nothing. I didn't get top where I am by going after mediocre opportunities.”

“We both insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. So Warren and I do more reading and thinking and less doing than most people in business.”

“Warren talks about these discounted cash flows. I’ve never seen him do one.”

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

“It’s not possible for investors to consistently outperform the market. Therefore you’re best served investing in a diversified portfolio of low-cost index funds [or exchange-traded funds].”