Warren Buffett says

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

—Warren Buffett

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“Our goal will be to acquire either part or all of businesses that we believe we understand, that have good, sustainable underlying economics, and that are run by managers whom we like, admire and trust.”

—Warren Buffett

“Someone's sitting in the shade today because someone planted a tree a long time ago.”

—Warren Buffett

“Tell me who your heroes are and I’ll tell you how you’ll turn out to be.”

—Warren Buffett

“If you buy things you do not need, soon you will have to sell things you need.”

—Warren Buffett

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

“Buy the dip.”

—Warren Buffett

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

—Charlie Munger

“No, I don't ever give up. I'd have to be dead or completely incapacitated”

“Expectations are the enemy here — they limit the number of great landing spots, and make the idealized one impossibly hard. Relax your expectations, and hundreds of positive possibilities open up.”

“For we know that our patchwork heritage is a strength, not a weakness.”

—Barack Obama

“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.”

—Warren Buffett

“Change is never easy, but always possible.”

—Barack Obama

“Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.”

—Warren Buffett

“Buy & hold stock in companies where you love the product roadmap, sell where you don’t.”

“The year 2015 marks the fiftieth anniversary of Berkshire Hathaway under Warren Buffett's leadership, a milestone worth commemorating. The tenure sets a record”

—Warren Buffett