Investing is laying out money now to get more money back in the future.
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
The best asset is your own self. You can become to an enormous degree the person you want to be.
People will always try to stop you from doing the right thing if it is unconventional.
The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
We continue to make more money when snoring than when active.
Never invest in a business you can’t understand.
Look for companies with high profit margins.
You can’t make a good deal with a bad person.
We don’t get paid for activity, just for being right. As to how long we’ll wait, we’ll wait indefinitely.
There are certain things that cannot be adequately explained to a virgin either by words or pictures.
Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
If a business does well, the stock eventually follows.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.
My favorite holding period is forever.
Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
We will only do with your money what we would do with our own.
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
The most important quality for an investor is temperament, not intellect.