Uncertainty is the friend of the buyer of long term values.

The dumbest reason in the world to buy a stock is because it's going up.

If you can tell me who your heroes are, I can tell you how you're going to turn out in life.

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

Money will not change how healthy you are or how many people love you.

The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it.

I view derivatives as time bombs, both for the parties that deal in them and the economic system.