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

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...

The investor of today does not profit from yesterday's growth.

The investor of today does not profit from yesterday's growth.

Only when the tide goes out do you discover who's been swimming naked.

Only when the tide goes out do you discover who's been swimming naked.

Of the billionaires I have known, money just brings out the basic traits in them....

Of the billionaires I have known, money just brings out the basic traits in them....

When a management team with a reputation for brilliance tackles a business with a reputation...

When a management team with a reputation for brilliance tackles a business with a reputation...

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...

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.

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...

Value is what you get.

Value is what you get.

Our favorite holding period is forever.

Our favorite holding period is forever.

If a business does well, the stock eventually follows.

If a business does well, the stock eventually follows.

Risk comes from not knowing what you're doing.

Risk comes from not knowing what you're doing.

You only have to do a very few things right in your life so long...

You only have to do a very few things right in your life so long...

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

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

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...

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...

It's better to hang out with people better than you, ... Pick out associates whose...

It's better to hang out with people better than you, ... Pick out associates whose...

I think every single point will be important, ... I think more than anything, I'll...

I think every single point will be important, ... I think more than anything, I'll...

None are so empty as those who are full of themselves.

None are so empty as those who are full of themselves.

I actually think baseball players like to play every day. I think you see the...

I actually think baseball players like to play every day. I think you see the...