Warren Buffett

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don’t need to own very many of them.

Warren Buffett

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.

Warren Buffett

A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.

Warren Buffett

A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.

Warren Buffett

A public-opinion poll is no substitute for thought.

Warren Buffett

A rich person should leave his kids enough to do something, but not enough to do nothing.

Warren Buffett

A single year’s performance is of minor importance and, good or bad, should never be taken seriously.

Warren Buffett

A stock doesn’t know that you own it.

Warren Buffett

Accounting is the language of business.

Warren Buffett

Activity is the enemy of investment returns.

Warren Buffett