'Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.'- 1974 Letter to Shareholders

'We have tried occasionally to buy toads at bargain prices with results that have been chronicled in past reports. Clearly our kisses fell flat. We have done w…

'Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to…

'Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.'