Derivatives are financial weapons of mass destruction.

Quote by Warren Buffett

Topics: Warren Buffett Quotes

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...

We enjoy the process far more than the proceeds.

We enjoy the process far more than the proceeds.

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...

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...

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

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

Value is what you get.

Value is what you get.

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is...

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is...

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

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

If a business does well, the stock eventually follows.

If a business does well, the stock eventually follows.

Why not invest your assets in the companies you really like? As Mae West said,...

Why not invest your assets in the companies you really like? As Mae West said,...

The smarter the journalists are, the better off society is. For to a degree, people...

The smarter the journalists are, the better off society is. For to a degree, people...

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...

I just think that - when a country needs more income and we do, we're...

I just think that - when a country needs more income and we do, we're...

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...

You see many stars at night in the sky but find them not when the...

You see many stars at night in the sky but find them not when the...

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.

I am quite serious when I say that I do not believe there are, on...

I am quite serious when I say that I do not believe there are, on...

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...

Neither current events nor history show that the majority rule, or ever did rule.

Neither current events nor history show that the majority rule, or ever did rule.

People that are really very weird can get into sensitive positions and have a tremendous...

People that are really very weird can get into sensitive positions and have a tremendous...