Quotes from Warren Buffett

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.

You are neither right nor wrong because the crowd disagrees with you.

If principles can become dated, they're not principles.

The market system rewards me outlandishly for what I do, but that doesn't mean I'm any more deserving of a good life than a teacher or a doctor or someone who fights in Afghanistan.

I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.

Time is the friend of the wonderful company, the enemy of the mediocre.

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.

It's never paid to bet against America. We come through things, but its not always a smooth ride.

You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.

I view derivatives as time bombs, both for the parties that deal in them and the economic system.

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

We always live in an uncertain world. What is certain is that the United States will go forward over time.

Equities will do well over time - you just have to avoid getting excited when other people are getting excited.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

In the business world, the rearview mirror is always clearer than the windshield.

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.

Focus alone is not enough; putting in the time to commit is also crucial to achieve success.

My favorite time frame for holding a stock is forever.

I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.

There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

Never give up searching for the job that you're passionate about.

It irritates the hell out of me but you can't buy love.