Warren Buffett

"Stocks are simple. All you do is buy good companies at fair prices when they're on sale."

"I try to buy stock in businesses that are so wonderful that an idiot can run them."

"The best bet in life is to think for yourself."

"Inflation has been the cruelest tax of all on people who have saved."

"You're neither right nor wrong because other people agree with you."

"Any fool can run a company; it takes a genius to create wealth for shareholders."

"The investor functions best when securities fluctuate in value."

"I'm optimistic because human beings are capable of solving problems."

"Financial peace of mind is not difficult to achieve."

"The key to being a good investor is that you're willing to be contrarian."

"If the market is smart, it's not easy; if the market is dumb, it's easy."

"An investor should act as though he has a lifetime to make decisions, then make a decision in an hour."

"The fact that people will be full of greed, fear, or folly is predictable. The sequence is not."

"If you don't know jewelry, know the jeweler; if you don't know wine, know the winemaker."

"It's not important if you're right or wrong, but how much money you make if you're right and how much you lose if you're wrong."

"I would not know how to run a casino, so I won't buy one."

"When the money is rolling in, it's easy to delude yourself about your talents."

"The best thing that can happen to you is to work for someone that you admire."

"I read more of other people's annual reports than I do our own."

"One approach is to invest in those companies that are run by people who have a lot of their own money invested."

"The best investment is in yourself."

"I want to associate with people who are smarter than I am."

"My success has been not in picking the right sectors but in staying away from the wrong ones."