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Warren Buffett Quotes - Page 20

The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.

"CNBC Exclusive: Liz Claman Interviews Warren Buffett, Berkshire Hathaway Chairman & CEO, Live at the Company's Annual Shareholder's Meeting in Omaha, Nebraska on "Squawk on the Street"". "Squawk On The Street" with Liz Claman, www.cnbc.com. May 7, 2007.

Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.

"Warren Buffett busts a cash myth". Warren Buffett's 2014 annual letter to the shareholders of his holding company, Berkshire Hathaway, www.valueresearchonline.com. March 4, 2015.

I lose confidence in other people, all kinds of institutions.

"Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "Charlie Rose", www.cnbc.com. October 1, 2008.

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

"Warren Buffett Shared Some Great Career Advice For Millennials" by Vivian Giang and Lynne Guey, www.businessinsider.com. May 8, 2013.

An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

Lawrence A. Cunningham, Warren E. Buffett (2013). “The Essays of Warren Buffett: Lessons for Corporate America (Third Edition)”, p.63, Carolina Academic Press

There is no substitute for a local newspaper that is doing its job.

"Buffett Explains Why He Paid $344 Million For 28 Newspapers, And Thinks The Industry Still Has A Future" by Mamta Badkar, www.businessinsider.com. March 01, 2013.

The single most important decision in evaluating a business is pricing power.

"Warren Buffett and How He Decided to Invest in Moody's". Financial Crisis Inquiry Commission Interview, www.valuewalk.com. 2010.