Quote #66

'In the insurance business, there is no statute of limitation on stupidity.'

More from Warren Buffett

  1. 'A public-opinion poll is no substitute for thought.'
  2. 'If a business does well, the stock eventually follows.'
  3. 'One's objective should be to get it right, get it quick, get it out, and get it over... your problem won't improve with age.'
  4. 'The most important quality for an investor is temperament, not intellect... You need a temperament that neither derives great pleasure fro…
  5. 'There seems to be some perverse human characteristic that likes to make easy things difficult.'
  6. 'The future is never clear, and you pay a very high price in the stock market for a cheery consensus. Uncertainty is the friend of the buye…
  7. 'If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.'
  8. 'We will only do with your money what we would do with our own.'

All Warren Buffett quotes