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

Quote by Warren Buffett

Topics: Warren Buffett Quotes

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...

We always live in an uncertain world. What is certain is that the United States...

We always live in an uncertain world. What is certain is that the United States...

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...

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

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

I don't look to jump over 7-foot bars: I look around for 1-foot bars that...

I don't look to jump over 7-foot bars: I look around for 1-foot bars that...

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

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

We enjoy the process far more than the proceeds.

We enjoy the process far more than the proceeds.

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

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

If a business does well, the stock eventually follows.

If a business does well, the stock eventually follows.

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.

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.

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...

Value is what you get.

Value is what you get.

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...

Our favorite holding period is forever.

Our favorite holding period is forever.

A public-opinion poll is no substitute for thought.

A public-opinion poll is no substitute for thought.

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

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

He will never have true friends who is afraid of making enemies.

He will never have true friends who is afraid of making enemies.

A doubtful friend is worse than a certain enemy. Let a man be one thing...

A doubtful friend is worse than a certain enemy. Let a man be one thing...

I regard the Klan, the Anglo-Saxon clubs and White American societies, as far as the...

I regard the Klan, the Anglo-Saxon clubs and White American societies, as far as the...

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