Warren Buffett Buying Quotations

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.

It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.

Never be afraid to ask for too much when selling or offer too little when buying.

If you buy things you do not need, soon you will have to sell things you need.