The Essays of Warren Buffett Quotes

“Time is the friend of the wonderful business, the enemy of the mediocre.”

― Warren Buffett, The Essays of Warren Buffett

topic:timebusiness

“you can’t produce a baby in one month by getting nine women pregnant.”

― Warren Buffett, The Essays of Warren Buffett

topic:time

“You must also resist the temptation to stray from your guidelines: If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.”

― Warren Buffett, The Essays of Warren Buffett

topic:time

“Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.”

― Warren Buffett, The Essays of Warren Buffett

topic:time

“Our goal is more modest: we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

― Warren Buffett, The Essays of Warren Buffett

topic:fear

“as happens in Wall Street all too often, what the wise do in the beginning, fools do in the end.”

― Warren Buffett, The Essays of Warren Buffett

topic:wisdomfoolishness

“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.”

― Warren Buffett, The Essays of Warren Buffett

topic:change

“Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.”

― Warren Buffett, The Essays of Warren Buffett

topic:moneypatience

“After some other mistakes, I learned to go into business only with people whom I like, trust, and admire.”

― Warren Buffett, The Essays of Warren Buffett

topic:trust

“In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.”

― Warren Buffett, The Essays of Warren Buffett

topic:danger