Warren Buffett

Other guys read Playboy. I read annual reports.

It’s not that I want money. It’s the fun of making money and watching it grow.

The best asset is your own self. You can become to an enormous degree the person you want to be

If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.

Do not put all your eggs in one basket.

The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

Money will always flow toward opportunity, and there is an abundance of that in America.

The [stock] 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.

I made my first investment at age eleven. I was wasting my life up until then.

The key to success is emotional stability.

If I subscribed to the efficient market theory I would still be delivering papers

If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.

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.

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

Never be afraid to ask for too much when selling or offer too little when buying.

I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

Look for 3 things in a person. Intelligence, Energy, & Integrity. _x000D_ If they don't have the last one, don't even bother with the first two.

The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.

Predicting rain doesn't count. Building arks does.

Things you like to do should be a hobby of yours, but things the world does should be a business of yours.