Warren Buffett

If you are in a poker game and after 20 minutes you don’t know who the patsy is, then you’re the patsy.

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.

Our favorite holding period is forever.

Only when you combine sound intellect with emotional discipline do you get rational behavior.

The rich invest in time, the poor invest in money.

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

When you have a lot of resources, the most important thing is to have had good parents and to have been brought up by people who gave one the proper values.

90% of all millionaires become so through owning real estate.

Someday I want to be rich. Some people get so rich they lose all respect for humanity. That’s how rich I want to be.

The Japanese banks are not having an easy time as they once had.

I am convinced that material things can contribute a lot to making one’s life pleasant, but, basically, if you do not have very good friends and relatives who matter to you, life will be really empty and sad and material things cease to be important.

If necessity is the mother of invention, discontent is the father of progress.

Wealth – any income that is at least one hundred dollars more a year than the income of one’s wife’s sister’s husband.

He is richest who is content with the least.

Be not penny-wise. Riches have wings. Sometimes they fly away of themselves, and sometimes they must be set flying to bring in more.

I think it’s sad when people make a lot of money and they want the biggest boat or the biggest car or the biggest plane.

Much corporate giving is charitable in nature rather than philanthropic.

Riches are a good hand maiden, but a poor mistress.

Of great wealth there is no real use, except in its distribution, the rest is just conceit.

I would be a billionaire if I was looking to be a selfish boss. That’s not me.

We went to theatres and museums with a crowd of bodyguards.