1. “Price is what you pay. Value is what you get.”

2. “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1”

3. “Risk comes from not knowing what you are doing.”

4. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

5. “In the business world, the rearview mirror is always clearer than the windshield.”

6. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

7. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”

8. “The difference between successful people and really successful people is that really successful people say no to almost everything.”

9. “The stock market is a device for transferring money from the impatient to the patient.”

10. “Diversification is protection against ignorance. It makes little sense if you know what you are doing.”

11. “I will tell you how to become rich. Close the doors, be fearful when others are greedy. Be greedy when others are fearful.”