Top 10 Pieces of Investment Advice from Warren Buffett

“Never invest in a business you cannot understand.” – Warren Buffett

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffett

“Time is the friend of the wonderful business, the enemy of the mediocre.” – Warren Buffett

“If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” – Warren Buffett

“Our favorite holding period is forever.” – Warren Buffett

“The stock market is designed to transfer money from the active to the patient.” – Warren Buffett

“Opportunities come infrequently. When it rains gold, put out the buck, not the thimble.” – Warren Buffett

“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.” – Warren Buffett

“Price is what you pay. Value is what you get.” – Warren Buffett

“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” – Warren Buffett