1,111 Quotes by Warren Buffett

Cash combined with courage in a time of crisis is priceless.” -Warren Buffett

Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return.

For investors as a whole, returns decrease as motion increases.

Managers who want to expand their domain at the expense of owners might better consider a career in government.

The most important thing to do if you find yourself in a hole is to stop digging.

You never know who's swimming naked until the tide goes out.

A small chance of distress or disgrace cannot, in our view, be offset by a large chance of extra returns.

We are suspicious of those CEOs who regularly claim they do know the future—and we become downright incredulous if they consistently reach their declared targets. Managers that always promise to “make the numbers” will at some point be tempted to make up the numbers.

Do not save what is left after spending; instead spend what is left after saving.