Warren Buffett Quotes

Warren Buffet Investment Quotes and Criteria: 

1. A public-opinion poll is no substitute for thought.
2. Beware of geeks bearing formulas.
3. Derivatives are financial weapons of mass destruction.
4. I always knew I was going to be rich. I don't think I ever doubted it for a minute.
5. I buy expensive suits. They just look cheap on me.
6. I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
7. If a business does well, the stock eventually follows.
8. If past history was all there was to the game, the richest people would be librarians.
9. In the business world, the rearview mirror is always clearer than the windshield.
10. 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.
11. It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
12. Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
13. Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
14. Only when the tide goes out do you discover who's been swimming naked.
15. Price is what you pay. Value is what you get.
16. Risk comes from not knowing what you're doing.
17. Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
18. Someone's sitting in the shade today because someone planted a tree a long time ago.
19. The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
20. The first rule is not to lose. The second rule is not to forget the first rule.
21. The investor of today does not profit from yesterday's growth.