I never try to predict the market.

Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.

I think the FDIC was one of the great inventions of the American.

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

I bought my first stock in 1942, in the summer of '42. I was 11 years old. And so 75 years have gone by. And I have never known what the market's going to do the next day. And that's not my game. My game is to decide whether I'm in the right economy, which America's definitely been ever since that time. The Dow has gone from 100 to 21,000 during that time. And no matter what the headlines say, or terrible things are happening - we were losing the war in the Pacific when I first bought stocks.

Other guys read Playboy. I read annual reports.

Always associate yourself with people who are better than you.