Warren Buffett

Tell me who your heroes are and I’ll tell you who you’ll turn out to be.

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

Our favorite holding period is forever.

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

Successful investing takes time, discipline and patience. No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.

Risk comes from not knowing what you’re doing.

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

There are two times in a man’s life when he should not speculate: when he can’t afford it, and when he can.

October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

It makes more sense to buy a wonderful business at a fair price than it does to buy a fair business at a wonderful price.

Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.

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

Our favorite holding period is forever.

Never invest in a business you can’t understand.

Successful investing takes time, discipline and patience. No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.