In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

— Warren Buffett

It takes 20 years to build a reputation and 5 minutes to ruin it.

— Warren Buffett

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.

— Warren Buffett

I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.

— Warren Buffett

Never depend on single income. Make investment to create a second source.

— Warren Buffett

...not doing what we love in the name of greed is very poor management of our lives.

— Warren Buffett

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.

— Warren Buffett

Only when the tide goes out do you discover who's been swimming naked.

— Warren Buffett

Our favorite holding period is forever.

— Warren Buffett

Price is what you pay. Value is what you get.

— Warren Buffett