"Always invest for the long
term."
"No matter how great the talent or
efforts, some things just take äme.
You can't produce a baby in one
month by getting nine women
pregnant. "
"Buy companies with strong histories Of
profitability and with a dominant business
franchise. "
"Diversification is a protection against
ignorance. It makes very little sense for those
who know what therr•eg. "
"It's far better to buy a
wonderful company at a fair
price than a fair company at a
wonderful price. "
You shouldn't own common stocks if
a 50 per cent decrease in their value
in a short period of äme would cause
you acute distress. "
"A great investment opportunity occurs
when a marvelous business encounters a
one-time huge, but solvable problem. "
"l always knew I was going to be rich. I don't think I ever
doubted it for a minute. " Warren Buffett
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