Quotes from Warren Buffett

What the wise do in the beginning, fools do in the end.

It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.

Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.

If you don't find a way to make money while you sleep, you will work until you die.

If you cannot control your emotions, you cannot control your money.

Do not save what is left after spending, but spend what is left after saving.

If you buy things you do not need, soon you will have to sell things you need.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

The Stock Market is designed to transfer money from the Active to the Patient.

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

We continue to make more money when snoring than when active.

If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.

Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

It's not that I want money. It's the fun of making money and watching it grow.

Investing is simple, but not easy.

Gold has two significant shortcomings, being neither of much use nor procreative.

If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.

Investing is laying out money now to get more money back in the future.

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

We will only do with your money what we would do with our own.

The ability to say no is a tremendous advantage for an investor.

You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.