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6 quotes

WARREN BUFFETT

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Someone is sitting in the shade today because someone planted a tree a long time ago.

compoundinglong-termWidely attributed

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

capital-preservationfundamentalsBerkshire Hathaway Shareholder Letter, 1975

Be fearful when others are greedy and greedy when others are fearful.

contrarianmarket-timingBerkshire Hathaway Shareholder Letter, 2004

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

fundamentalspatienceBerkshire Hathaway Shareholder Letter, 2008

Our favorite holding period is forever.

buy-and-holdcompoundingBerkshire Hathaway Annual Letter, 1988

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

moatsqualityBerkshire Hathaway Annual Letter, 1989