"If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio."
Quote collection
Warren Buffett quotes (page 33 of 48)
959 quotes — follow a thought to its full quote page.
"Focus alone is not enough; putting in the time to commit is also crucial to achieve success."
"Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices."
"Money will not change how healthy you are or how many people love you."
"Take the job you would take if you were independently wealthy. You're going to do well at it."
"Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate."
"A Company should be viewed as an unfolding movie, not as a still photograph"
"The Fed is the greatest hedge fund in history."
"You should look at stocks as small pieces of business."
"You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock."
"Buy stocks like you buy your groceries, not like you buy your perfume."
"With enough insider information and a million dollars, you can go broke in a year."
"Mr. Market is your servant, not your guide."
"When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life."
"If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done."
"We've got a wonderful economic formula in this country."
"The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it."
"It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own equities, a diversified group of equities. But people do because they, the lack of confidence. But that's what makes for the attractive prices. If they had their confidence back, they wouldn't be selling at these prices. And believe me, it will come back over time."
"Larger sums may be an advantage at some cases and a disadvantage at others."
"With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home."