"Do not put all your eggs in one basket."
Quote collection
Warren Buffett quotes (page 5 of 48)
959 quotes — follow a thought to its full quote page.
"Time is the friend of the wonderful business. It's the enemy of the lousy business. If you're in a lousy business for a long time, you're going to get a lousy result, even if you buy it cheap. If you're in a wonderful business for a long time, even if you pay a little too much going in, you're going to get a wonderful result if you stay in a long time."
"Ignore the stock market, ignore the economy, and buy a business you understand."
"I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business."
"The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be."
"Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard."
"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing."
"Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down."
"In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497."
"Never test the depth of river with both the feet."
"Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices"
"You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life."
"The most important investment you can make is in yourself... nobody can tax it or take it away from you."
"First come the innovators, then come the imitators, then come the idiots."
"My friends and I have been coddled long enough by a billionaire-friendly Congress."
"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."
"Only when the tide goes out do you discover who's been swimming naked."
"When you combine ignorance and leverage, you get some pretty interesting results."
"Stocks are the only thing that people are happy to buy when the price goes up."
"The reaction of weak management to weak operations is often weak accounting."