The financial calculus that Charlie and I employ would never permit our trading a good night's sleep for a shot at a few extra percentage points of return. I've never believed in risking what my friends and family have and need in order to pursue what they don't have and don't need.
Warren BuffettI think the worst mistake you can make in stocks is to buy or sell based on current headlines.
Warren BuffettAsking for financial advice from a financial planner is like asking a barber if you need a hair cut.
Warren BuffettWe simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren BuffettThe commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.
Warren Buffett