Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

Quote by Warren Buffett

Topics: Enemies Quotes, Friends Quotes

There are 309 million people out there that are trying to improve their lot in...

There are 309 million people out there that are trying to improve their lot in...

Wall Street is the only place that people ride to in a Rolls Royce to...

Wall Street is the only place that people ride to in a Rolls Royce to...

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

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

I always knew I was going to be rich. I don't think I ever doubted...

I always knew I was going to be rich. I don't think I ever doubted...

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

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

Value is what you get.

Value is what you get.

Our favorite holding period is forever.

Our favorite holding period is forever.

Risk is a part of God's game, alike for men and nations.

Risk is a part of God's game, alike for men and nations.

Time is the friend of the wonderful company, the enemy of the mediocre.

Time is the friend of the wonderful company, the enemy of the mediocre.

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

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

You know, people talk about this being an uncertain time. You know, all time is...

You know, people talk about this being an uncertain time. You know, all time is...

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

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

Your premium brand had better be delivering something special, or it's not going to get...

We believe that according the name 'investors' to institutions that trade actively is like calling...

We believe that according the name 'investors' to institutions that trade actively is like calling...

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

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

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

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

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

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

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

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

A public-opinion poll is no substitute for thought.

A public-opinion poll is no substitute for thought.

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

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