Quotes from Warren Buffett

Focus on your customers and lead your people as though their lives depend on your success.

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

Investors should remember that excitement and expenses are their enemies.

Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends.

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.

If you can tell me who your heroes are, I can tell you how you're going to turn out in life.

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

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.

Never lie under any circumstances.

If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.

Predicting rain doesn't count. Building arks does.

Beware of geeks bearing formulas.

The best thing I did was to choose the right heroes.

I always knew I was going to be rich. I don't think I ever doubted it for a minute.

No matter how great the talent or efforts, some things just take time.

Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.

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.

Cash combined with courage in a time of crisis is priceless.

Good big decisions do not take time at all, if they do you are in trouble.

An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.

You need a lot of curiosity for a long, long time.

Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.

Good profits simply are not inconsistent with good behavior.