When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

Quote by Warren Buffett

Topics: Warren Buffett Quotes

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...

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...

Derivatives are financial weapons of mass destruction.

Derivatives are financial weapons of mass destruction.

When you combine ignorance and leverage, you get some pretty interesting results.

When you combine ignorance and leverage, you get some pretty interesting results.

Let blockheads read what blockheads wrote.

Let blockheads read what blockheads wrote.

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...

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...

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.

Our favorite holding period is forever.

Our favorite holding period is forever.

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.

I never attempt to make money on the stock market. I buy on the assumption...

I never attempt to make money on the stock market. I buy on the assumption...

I think the most important factor in getting out of the recession actually is just...

I think the most important factor in getting out of the recession actually is just...

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

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

You do things when the opportunities come along. I've had periods in my life when...

You do things when the opportunities come along. I've had periods in my life when...

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.

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...

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...

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...

An Eastern poet, Ali Ben Abu Taleb, writes with sad truth, He who has a...

An Eastern poet, Ali Ben Abu Taleb, writes with sad truth, He who has a...

A flatterer is a secret enemy

A flatterer is a secret enemy

He who hath many friends hath none.

He who hath many friends hath none.