Investing is laying out money now to get more money back in the future.

Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.

If you hit a hole in one every hole, you wouldn’t play golf for very long.

A Company should be viewed as an unfolding movie, not as a still photograph

Investing is laying out money now to get more money back in the future.

We like to buy businesses, but we don't like to sell them.

The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.