Warren Buffett Quotes on Investment

"The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they're on the operating table." 

"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will." 

"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." 

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

"Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway." 

"When you combine ignorance and leverage, you get some pretty interesting results." – talking about how brokers and analysts, even the young and inexperienced ones, are always quick to give advice, regardless whether it's good or not, 2008.

"Risk comes from not knowing what you're doing.

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

"Someone is sitting in the shade today because someone planted a tree a long time ago." 

Warren Buffett Quotes for Long term investment

"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever." 

"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years." 

"Buy into a company because you want to own it, not because you want the stock to go up." 

"You only have to do a very few things right in your life so long as you don't do too many things wrong."

"Time is the friend of the wonderful business, the enemy of the mediocre."

"Investors should remember that excitement and expenses are their enemies."

Warren Buffett Quotes on When to Sell

"The most important thing to do if you find yourself in a hole is to stop digging."

"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

Warren Buffett Quotes on Being a Contrarian

"You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K." 

"You want to be greedy when others are fearful. You want to be fearful when others are greedy. It's that simple."

"After all, you only find out who is swimming naked when the tide goes out." 

Warren Buffett Quotes on the Right Mindset

"If past history was all there was to the game, the richest people would be librarians."

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."

Warren Buffett's Biggest Rule of All

"Rule No. 1: never lose money; rule No. 2: don't forget rule No. 1."