Warren Buffett says

“You should never test the depth of the water with both feet.”

—Warren Buffett

More from Warren Buffett

“Regardless of the impact upon immediately reportable earnings, we would rather buy 10% of Wonderful Business T at X per share than 100% of T at 2x per share. Most corporate managers prefer just the reverse.”

—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

“as happens in Wall Street all too often, what the wise do in the beginning, fools do in the end.”

—Warren Buffett

“Buy the dip.”

—Warren Buffett

“Many shall be restored that now are fallen and many shall fall that are now in honor.”

—Warren Buffett

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

—Warren Buffett

“Too often, a vast collection of possessions ends up possessing its owner.”

—Warren Buffett

“A horse that can count to ten is a remarkable horse—not a remarkable mathematician.”

—Warren Buffett

“If you wait till you know everything it's too late”

—Warren Buffett

“The more you learn, the more you earn.”

—Warren Buffett