- It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
- If a business does well, the stock eventually follows.
- 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.
- Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
- We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
- You only have to do a very few things right in your life so long as you don’t do too many things wrong.
- Price is what you pay. Value is what you get.