What we really want to do is buy businesses that we would be happy to own forever.

Honesty is a very expensive gift, Don't expect it from cheap people.

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

Lethargy, bordering on sloth should remain the cornerstone of an investment style.

Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns of the company they own.

Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.

I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.