Saturday, March 8, 2014

Select Quotes from Warren Buffett

The PowerTrend Profits investing newsletter identifies some favorite quotes by Warren Buffett:

"The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch."

"'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."

"The best thing that happens to us is when a great company gets into temporary trouble... We want to buy them when they're on the operating table."

"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever."

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