1. “We simply attempt to be fearful when others are greedy and to greedy only when others are fearful”
2. “The investor of today does not profit from yesterday’s growth.”
3. “Time is the friend of the wonderful company, the enemy of the mediocre.”
4. “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
5. “In the business world, the rearview mirror is always clearer than the windshield.”
6. “Wide diversifications is only required when investors do not understand what they are doing.”
7. “The first rule is no to lose.. The second rule is not to forget the first rule.”
8. “There seems to be some perverse human characteristic that likes to make easy things difficult.”
9. “Predicting rain doesn’t count. Building arks does.”
10. “A public opinion poll is no substitute for thought.”
11. “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
12. “Someone is sitting in the shade today because someone planted a tree a long time ago.”
13. “Risk comes from not knowing what you’re doing.”
14. “Price is what you pay. Value is what you get.”
15. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”
