Quotes by Warren Buffett

Derivatives are financial weapons of mass destruction.

I buy expensive suits. They just look cheap on me.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

We believe that according the name investors to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a romantic.

“If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”