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You only find out who is swimming naked when the tide goes out.

Warren Buffet

Read this letter at Berkshire Hathaway's website

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Buffett, Warren. Letter to Berkshire Hathaway Shareholders. 2001.

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In the business world... The rear-view mirror is always clearer than the windshield.

Warren Buffett

1991 Letter to Shareholders

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Buffett, Warren. Letter to Berkshire Hathaway Shareholders. 1991.

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Buy stocks like you buy your groceries, not like you buy your perfume.

Warren Buffet

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Buffett, Warren. Quoted in "Meet Investing's Newest Stars." Fortune Magazine, 9 Mar. 1992.

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

Warren Buffett

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Buffett, Warren. "Buy American. I Am." The New York Times, Oct 16, 2008.

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

Warren Buffett

1989 Letter to Shareholders

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Buffett, Warren. Letter to Berkshire Hathaway Shareholders. c. 1989.

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