1."We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
2. "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1"
3. "Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."
4. "Try to buy stock in businesses that are so wonderful that an idiot can run them because sooner or later one will."
5. "Derivatives are financial weapons of mass destruction."
6. "I buy expensive suits. They just look cheap on me."
7. "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact."
8. "In the business world, the rearview mirror is always clearer than the windshield."
9. "Our favourite holding period is forever"
10. "Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful""
