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

Honesty is a very expensive gift. Don't expect it from cheap people.

I don’t look to jump over 7-foot bars I look around for 1-foot bars that I can step over.

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

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

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

 image quote by Warren Buffett

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

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

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

It takes 20 years to build a reputation and five minutes to ruin it.

If you think about that, you'll do things differently.

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

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.

 image quote by Warren Buffett

An idiot with a plan can beat a genius without a plan.

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

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

A public opinion poll is no substitute for thought.

We enjoy the process far more than the proceeds.

Risk comes from not knowing what you're doing.

Derivatives are financial weapons of mass destruction.

 image quote by Warren Buffett

If you do not find a way to make money while you sleep, you will work until you die.

Honesty is a very expensive gift, don’t expect it from cheap people.

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

The investor of today does not profit from yesterday's growth.

If a business does well, the stock eventually follows.

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".

Beware of geeks bearing formulas.

 image quote by Warren Buffett

The stock market is a device for transferring money from the impatient to the patient.

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

Wide diversification is only required when investors do not understand what they are doing.

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

Look at market fluctuations as your friend rather than your enemy;

profit from folly rather than participate in it.

 image quote by Warren Buffett

Honesty is a very expensive gift. Don't expect it from cheap people.

It's never paid to bet against America. We come through things, but its not always a smooth ride.

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

Our favorite holding period is forever.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

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

 image quote by Warren Buffett

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

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.

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.

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

We always live in an uncertain world.

What is certain is that the United States will go forward over time.

 image quote by Warren Buffett

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

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

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.

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

I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.

Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you.

The only way to get love is to be lovable.

It's very irritating if you have a lot of money. You'd like to think you could write a check: 'I'll buy a million dollars' worth of love.' But it doesn't work that way. The more you give love away, the more you get.

 image quote by Warren Buffett

Not doing what we love in the name of greed is very poor management of our lives.

You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.

I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.