Warren Buffett quotes

“Price is what you pay. Value is what you get.”

— Warren Buffett

“Risk comes from not knowing what you're doing.”

— Warren Buffett

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

— Warren Buffett

“When you combine ignorance and leverage, you get some pretty interesting results.”

— Warren Buffett

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”

— Warren Buffett

“I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”

— Warren Buffett

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

— Warren Buffett

“In the business world, the rearview mirror is always clearer than the windshield.”

— Warren Buffett

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

— Warren Buffett

“Derivatives are financial weapons of mass destruction.”

— Warren Buffett

“The first rule is not to lose. The second rule is not to forget the first rule.”

— Warren Buffett

“Only when the tide goes out do you discover who's been swimming naked.”

— Warren Buffett

“I buy expensive suits. They just look cheap on me.”

— Warren Buffett

“If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.”

— Warren Buffett

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

— Warren Buffett

“A public-opinion poll is no substitute for thought.”

— Warren Buffett

“Chains of habit are too light to be felt until they are too heavy to be broken.”

— Warren Buffett

“I always knew I was going to be rich. I don't think I ever doubted it for a minute.”

— Warren Buffett

“The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.”

— Warren Buffett

“You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.”

— Warren Buffett

“If past history was all there was to the game, the richest people would be librarians.”

— Warren Buffett

“We always live in an uncertain world. What is certain is that the United States will go forward over time.”

— Warren Buffett

“There seems to be some perverse human characteristic that likes to make easy things difficult.”

— Warren Buffett

“You only have to do a very few things right in your life so long as you don't do too many things wrong.”

— Warren Buffett

“Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.”

— Warren Buffett

“In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.”

— Warren Buffett

“Beware of geeks bearing formulas.”

— Warren Buffett

“Our favorite holding period is forever.”

— Warren Buffett

“I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.”

— Warren Buffett

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

— Warren Buffett